, a theoretical model is developed to explain price transmission for different trade regimes. Drawing from the competitive … storage model under rational expectations, it is shown that domestic prices can respond instantaneously to global prices even … if no trade takes place but future trade is expected. Using a global database on food prices, we construct national and …

volatility are used: the standard deviation and the coefficient of variation of the rates of change of the real exchange rates …

, macroeconomic imbalance, economic growth, economic integration, financial risk, volatility and trade effects. The main aims of this … Volatility Spillover In Time Of Crisis: Evidence From A Smooth Transition Regression Application -- 5. Bank Lending … among financial markets. Moreover, the Brexit and US-China trade tension has intensified uncertainty and the economic …

-scale storage to alleviate the potential mismatch between demand and supply. This paper examines the suitability of regulatory … (public policy) mechanisms for coping with the volatility induced by intermittent RE sources, using a numerical equilibrium … preventing costly investments in energy storage. Using a simple cost-benefit framework, we show that a "smart" design of RE …