STRATEGIC DEFAULT IN THE INTERNATIONAL COFFEE MARKET
Strategic Default in the International Coffee Market - Oxford Academic
The test identifies strategic default by studying how contractual defaults respond to large unanticipated changes in market conditions. Of course, large changes ...
Strategic Default in the International Coffee Market - Oxford Academic
Estimates suggest that roughly half of the observed defaults are strategic. We model how strategic default introduces a trade-off between insurance and ...
Strategic Default in the International Coffee Market
Unanticipated rises in market prices increase defaults on fixed price contracts but not on price-indexed ones. We isolate strategic default by focusing on ...
Strategic Default in the International Coffee Market
To test for strategic default, we construct contract-specific measures of unanticipated changes in market conditions by comparing spot prices at maturity with ...
Strategic default in the international coffee market
Unanticipated rises in market prices increase defaults on fixed price contracts but not on price- indexed ones. We isolate strategic default by ...
Strategic Default in the International Coffee Market - IDEAS/RePEc
This article studies strategic default on forward sale contracts in the international coffee market. To test for strategic default, we construct ...
Strategic Default in the International Coffee Market* - ResearchGate
A model calibration suggests that the possibility of strategic default causes 15.8% average losses in output, significant dispersion in the marginal product of ...
Strategic Default in the International Coffee Market
If that is the case our baseline empirical analysis underestimates the extent of strategic default in the market. 25A buyer on a fixed price contract has ...
Strategic Default in the International Coffee Market
This paper studies strategic default on coffee pre-financing agreements. In these common arrangements, mills finance coffee production through ...
Strategic default in the international coffee market | VoxDev
Strategic default occurs when market conditions change sufficiently to place a business relationship outside its self-enforcing range.
Strategic Default in the International Coffee Market* - OUCI
List of references · Blouin, Replication Data for: 'Strategic Default in the International Coffee Market' · Bubb, Barriers to Contracting in Village Economies: A ...
Strategic default in the international coffee market. Linking farmers to global markets could spur growth and reduce poverty, but if ...
Strategic default in the international coffee market - EconBiz
Strategic default in the international coffee market ; The quarterly journal of economics. - Oxford : Oxford Univ. Pr., ISSN 1531-4650, ZDB-ID 1483296-3. - Vol.
Tropical Lending: International Prices, Strategic Default and Credit ...
The borrowers in the sample mostly supply the coffee specialty market. In this segment, coffee washing stations supply coffee directly to foreign buyers (which ...
Strategic default in the international coffee market
A comparative analysis of the coffee value chain. Improving coffee farmer welfare with innovative credit solutions in developing countries.
This article studies strategic default on forward sale contracts in the international coffee market. To test for strategic default, we construct contract- ...
Oxford Economics on X: "How common is strategic default in the ...
How common is strategic default in the international coffee market, and how can we test for it? @QJEHarvard https://t.co/kXncCqVBVk.
Tropical Lending: International Prices, Strategic Default an
Tropical Lending: International Prices, Strategic Default and Credit Constraints among Coffee Washing Stations · Author & abstract · Download · 20 References · 5 ...
Michael Sykuta on X: "Strategic Default in the International Coffee ...
Strategic Default in the International Coffee Market * https://t.co/qwP7g6DEWw #MUAAE8520.
EXCLUSIVE Brazil coffee defaults spike for second year in a row
Brazilian coffee farmers are defaulting on contracts for a second straight year, according to traders and lawyers representing the industry, ...