This article explores the similarities, differences, and implications from the 1970s–1980s experience for the macroeconomic dynamic that may arise from the 2008 price spike and subsequent recession. Role of monetary policy (deviations from Taylor rule) is assessed. This is an argument that has...

Periodically, events occur in the domestic and global economies that remind agriculturaleconomists that macroeconomics matter. This was evident in the early 1980s when theFederal Reserve responded to double-digit inflation by driving interest rates to post–World War II period highs. The Asian...

This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...

Kérdőív segítségével meghatároztuk a gabonaágazat dél-alföldi szereplőinek egymáshoz fűződő viszonyainak jellegét, szorosságát. Megállapítható, hogy a ga-bonaágazatban létezik a földrajzi közelségen alapuló együttműködés a Dél-Alföldön. Ennek kialakulásában az...

Grain prices have risen sharply since 2005 and 2006 affecting livestock markets by increasingfeed prices and leading to significant volatility shocks. The high price levels and magnitude ofsustained high volatilities has raised concerns for many sectors of the economy, in particularthose with...

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The aim of this study is to present the “stock and flow” model - based on the Georgescu-Roegen bio economic paradigm and on the ecological economics principles - in a regional key and to discuss the implications of such an approach on the local system governance in order to guarantee a long...

Farm operators and spouses have increasingly engaged in off-farm work in recent years. Many studies have analyzed the role of government payments; however, little is known about the impact of health insurance coverage. This study builds on previous literature by using copulas to test for...