Evaluating the Saskatchewan Short-Term Hog Loan Program
建模并评估了2002年萨斯喀彻温省短期生猪贷款计划，该计划为生猪生产者提供非市场信贷，还款条件取决于后期生猪价格，具有衍生品属性。
The Saskatchewan short-term hog loan program of 2002 provided a non-market credit line to participating hog producers. The repayment conditions for cash advances committed to by the provincial government depend on later hog prices, and so the program has derivative contract attributes. We model the contracts and use an estimated spot price stochastic process to establish summary statistics for producer benefits from the program.