A Theory of Subsidy Harvesting in Livestock Price Insurance
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下载链接：
https://www.nber.org/papers/w34887
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资源简介：
USDA designed the Livestock Risk Protection (LRP) program to help producers insure against declining prices for fed cattle, feeder cattle, and swine. Prices in derivatives markets determine program indemnities, making LRP policies similar to put options. Beginning in 2019, USDA made several changes
提供机构：
美国国家经济研究局
创建时间：
2026-02-01
