THE IMPACT OF BIOFUEL POLICIES ON OVERSHOOTING OF AGRICULTURAL PRICES
The Federal Reserve has increased nominal interest rates since early 2016. It is expected that commodity prices will drop in response to this monetary intervention. The overshooting hypothesis explains that commodity prices are more flexible than manufacturing prices and therefore are more volatile....
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| Format: | Others |
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UKnowledge
2018
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| Online Access: | https://uknowledge.uky.edu/agecon_etds/67 https://uknowledge.uky.edu/cgi/viewcontent.cgi?article=1071&context=agecon_etds |