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prices via the response of traded commodities in domestic markets. It shows that the impact on local prices of shocks … staple foods markets. The results suggests that it takes much longer for the impact of shocks on local prices to stabilize …The paper presents a model to analyze the adjustment of prices of non-traded food staples to changes in global food …
Persistent link: https://www.econbiz.de/10011258871
This paper examines macro-economic developments in Ethiopia between 2004/05 and 2008/09, focusing on the external accounts and the real exchange rate. Simulations using a Computable General Equilibrium (CGE) model of Ethiopia's economy show that, compared to a policy of foreign exchange...
Persistent link: https://www.econbiz.de/10011114815
directed graphs G in a precise sense. The edges of G can be regarded as markets for commodity pairs, and prices play a stronger … "fairness" and "convenience" then it admits unique prices, in the sense of consistent exchange-rates across commodity pairs ij … role in that the return to a trader depends only on his own offer and the prices. Finally we consider "strongly" minimal …
Persistent link: https://www.econbiz.de/10010817223
markets, while two of the three rural markets are border markets. The study uses monthly maize retail prices for the period …This study tests the long-run and short-run integration of maize markets in Malawi using the co-integration approach … direction of causality between maize markets. A total of six maize markets, two from each region, were analyzed. Three are urban …
Persistent link: https://www.econbiz.de/10010762091
This paper provides a comprehensive analysis of the degree of co-movement among the nominal price returns of 11 major energy, agricultural, and food commodities using monthly data between 1970 and 2013. The authors study the extent and the time evolution of unconditional and conditional...
Persistent link: https://www.econbiz.de/10010886774
This paper provides a comprehensive analysis of the dynamics of volatility between the corn, wheat, and soybean markets … in the United States. Volatility interactions across markets, if they exist, may lower the effectiveness of …
Persistent link: https://www.econbiz.de/10010850569
-protected importables. Moreover, major external shocks to the economy (including increases in world prices of fuel in 2007 and early 2008 … the effects of changes in world prices and to assess dynamic effects of shocks and policies on growth and income … foreign exchange market, however. Various versions of managed floats and controls in foreign capital markets exist that can …
Persistent link: https://www.econbiz.de/10010933116
Persistent link: https://www.econbiz.de/10010934213
market prices during the summertime in each location. While more detailed investigation is needed in order to determine the … specific impact of different levels of PV penetration upon provincial electricity markets, the article provides ample … relationship among solar electricity potential, system-wide demand and market prices. With electricity industries being …
Persistent link: https://www.econbiz.de/10011043854
Various laws and policy proposals call for regulators to make use of the information reflected in market prices. We … focus on a leading example of such a proposal, namely that bank supervision should make use of the market prices of traded … market prices, prices adjust to reflect this use and potentially become less revealing. We show that the feasibility of this …
Persistent link: https://www.econbiz.de/10004994036