We use two approaches to examine the macroeconomic consequences of disruptions in global food commodity markets. First …) in a standard vector autoregression (VAR) model, and we estimate the dynamic effects of global food commodity supply … shocks on the US economy. As an alternative, we also estimate the consequences of thirteen narratively identified global food …

contemporary India. Inflation pressure on food products is caused by interplay of multiple factors. The literature has identified … fluctuations in wholesale price indices which may have implications for the future of food commodities prices in India …Inflation, especially the food inflation has become a major economic challenge for the public policy in the …