Risk, Rational Expectations, and Price Stabilization in the U.S. Corn Market

Risk, Rational Expectations, and Price Stabilization in the U.S. Corn Market PDF Author: Matthew T. Holt
Publisher:
ISBN:
Category : Agricultural price supports
Languages : en
Pages : 40

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Risk, Rational Expectations, and Price Stabilization in the U.S. Corn Market

Risk, Rational Expectations, and Price Stabilization in the U.S. Corn Market PDF Author: Matthew T. Holt
Publisher:
ISBN:
Category : Agricultural price supports
Languages : en
Pages : 40

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Food Price Volatility and Its Implications for Food Security and Policy

Food Price Volatility and Its Implications for Food Security and Policy PDF Author: Matthias Kalkuhl
Publisher: Springer
ISBN: 3319282018
Category : Business & Economics
Languages : en
Pages : 620

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Book Description
This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.

Global Uncertainty and the Volatility of Agricultural Commodities Prices

Global Uncertainty and the Volatility of Agricultural Commodities Prices PDF Author: B.R. Munier
Publisher: IOS Press
ISBN: 1614990379
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization’s oversimplified faith in free markets.The traditional models for agricultural commodities have so far failed to take into account the uncertain character of the global agricultural economy and its ferocious consequences in food price volatility, the worst in 300 years, yielding hunger riots throughout the world. This book explores the elements which could help to close this fundamental modeling gap. To what extent should traditional models be questioned regarding agricultural commodities? Are prices on these markets foreseeable? Can their evolution be either predicted or convincingly simulated, and if so, by which methods and models? Presenting contributions from acknowledged experts from several countries and backgrounds – professors at major international universities or researchers within specialized international organizations – the book concentrates on four issues: the role of expectations and capacity of prediction; policy issues related to development strategies and food security; the role of hoarding and speculation and finally, global modeling methods. The book offers a renewed wisdom on some of the core issues in the world economy today and puts forward important innovations in analyzing these core issues, among which the modular modeling design, the Momagri model being a seminal example of it. Reading this book should inspire fruitful revisions in policy-making to improve the welfare of populations worldwide.

A Comprehensive Assessment of the Role of Risk in U.S. Agriculture

A Comprehensive Assessment of the Role of Risk in U.S. Agriculture PDF Author: Richard E. Just
Publisher: Springer Science & Business Media
ISBN: 1475735839
Category : Technology & Engineering
Languages : en
Pages : 580

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Book Description
After all the research on agricultural risk to date, the treatment of risk in agricultural research is far from harmonious. Many competing risk models have been proposed. Some new methodologies are largely untested. Some of the leading empirical methodologies in agricultural economic research are poorly suited for problems with aggregate data where risk averse behavior is less likely to be important. This book is intended to (i) define the current state of the literature on agricultural risk research, (ii) provide a critical evaluation of economic risk research on agriculture to date and (iii) set a research agenda that will meet future needs and prospects. This type of research promises to become of increasing importance because agricultural policy in the United States and elsewhere has decidedly shifted from explicit income support objectives to risk-related motivations of helping farmers deal with risk. Beginning with the 1996 Farm Bill, the primary set of policy instruments from U.S. agriculture has shifted from target prices and set aside acreage to agricultural crop insurance. Because this book is intended to have specific implications for U.S. agricultural policy, it has a decidedly domestic scope, but clearly many of the issues have application abroad. For each of the papers and topics included in this volume, individuals have been selected to give the strongest and broadest possible treatment of each facet of the problem. The result is this comprehensive reference book on the economics of agricultural risk.

The Economics of Food Price Volatility

The Economics of Food Price Volatility PDF Author: Jean-Paul Chavas
Publisher: University of Chicago Press
ISBN: 022612892X
Category : Business & Economics
Languages : en
Pages : 394

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Book Description
"The conference was organized by the three editors of this book and took place on August 15-16, 2012 in Seattle."--Preface.

Agricultural Economics Staff Paper Series

Agricultural Economics Staff Paper Series PDF Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 898

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Journal of Agricultural and Resource Economics

Journal of Agricultural and Resource Economics PDF Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 714

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Bibliography of Agriculture

Bibliography of Agriculture PDF Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 1104

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Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk

Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk PDF Author:
Publisher:
ISBN:
Category : Agricultural industries
Languages : en
Pages : 158

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Asset Prices and Monetary Policy

Asset Prices and Monetary Policy PDF Author: John Y. Campbell
Publisher: University of Chicago Press
ISBN: 0226092127
Category : Business & Economics
Languages : en
Pages : 444

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Book Description
Economic growth, low inflation, and financial stability are among the most important goals of policy makers, and central banks such as the Federal Reserve are key institutions for achieving these goals. In Asset Prices and Monetary Policy, leading scholars and practitioners probe the interaction of central banks, asset markets, and the general economy to forge a new understanding of the challenges facing policy makers as they manage an increasingly complex economic system. The contributors examine how central bankers determine their policy prescriptions with reference to the fluctuating housing market, the balance of debt and credit, changing beliefs of investors, the level of commodity prices, and other factors. At a time when the public has never been more involved in stocks, retirement funds, and real estate investment, this insightful book will be useful to all those concerned with the current state of the economy.