EXAMINING THE POTENTIAL BENEFITS OF FEDERALLY SUBSIDIZED FARM SAVINGS ACCOUNTS FOR DAIRY FARMERS

Abstract

Financial data from a panel of New York dairy farms was analyzed to examine the potential benefits of establishing federally subsidized farm savings accounts for dairy farmers. The paper examines whether farmers would have sufficient cash flow to fund the accounts, how the accounts would influence farm income variability, and how program design influences eligibility for the benefits received from the accounts.Financial Economics,