archive of the former site EconWPA.wustl.edu

Please do not link or reference this page. Use one of the following URLs:
econpapers.repec.org as http://econpapers.repec.org/paper/wpawuwpot/9602001.htm
ideas.repec.org as http://ideas.repec.org/p/wpa/wuwpot/9602001.html

Monetary Shocks and Real Farm Prices: A Re-Examination

Paper:ewp-othr/9602001
From:    
Date: Wed, 7 Feb 96 22:43:32 CST

Title: Monetary Shocks and Real Farm Prices: A Re-Examination
Author: Alan G. Isaac (American University) and David E. Rapach (American University)
Contact:
Comments: Type of Document - Word Perfect 6.1; prepared on IBM PC; to print on HP Laserjet; pages: 28; figures: included. none
Keywords: monetary shocks farm prices
JEL: Q10 E50 C32
EWPA-references: none
ED: Sorry, we can not get the file to open.
Report-no: aidr01

Abstract:

The effect of monetary policy on the farm sector remains controversial. Studies attempting to quantify the effects of monetary disturbances on real farm prices report conflicting results: some find that positive monetary shocks increase real farm prices in the short run, while others detect no such effect. We offer a resolution of these conflicting findings by re-estimating existing models on a common data set. When sample periods corresponding to the original studies are used, the conflicting results are confirmed. In contrast, when samples are updated through 1993, all models supply the same result: monetary shocks do not afffect real farm prices.

Postscript files:(viewing .ps)       archive: 9602001.ps or 9602001.ps.gz is 77759 bytes, 8-23-97.
Acrobat pdf files:(viewing .pdf)       archive: 9602001.pdf is 132784 bytes, 1-11-96, or 9602001.pdf.gz
HTML File: (about HTML files)      archive: 9602001.html is 45942 bytes (not including gifs) 4-20-97.
Access statistics for this paper at LogEc which is a part of the RePEc project as was/is EconWPA.
Translate to another language with babel.altavista.com EconWPA reference ewp-othr/9602001
RePEc reference RePEc:wpa:wuwpot:9602001 send e-mail to

EconWPA began as a conversation between Bob Parks and Larry Blume on January 28, 1993. I located Paul Ginsparg's archive (then xxx.lanl.gov) and he graciously installed his software on a Sun Sparc system which was supporting the department of economics email and computation. EconWPA began accepting papers July 1, 1993 and had ftp, email, gopher and web interfaces. The web interface for submissions was engineered into existence in July 1995. A complete and catastrophic machine failure in 1999 caused the loss of EconWPA's email new paper announcment service at which time there were over 15,000 subscriptions with over 8,000 unique email addresses.

In 2005, Arts and Sciences commandeered the computing services that I had provided to the Department of Economics since 1987. Some might say that the department was sold out, others would (erroneously) claim that centralization is efficient, and still others would claim that I have few marketing skills.

I was told that I could keep operating EconWPA (as well as many other services including rfe.wustl.edu, barnett.wustl.edu, and three RePEc servers) but I would receive no support (hardware, software, or anthing else) and (as had been the case) no compensation. At that point, given the apparent low valuation of my activities by the department, and university, it made no sense for me to continue operating EconWPA or other services.

Thanks to all who have supported EconWPA in the past.

A Chinese curse states May you live in intersting times. I have. Bob Parks - Jan 2006