Effects of fiscal policy on agriculture and the rural economy
John Kitchen, David Orden, United States. Dept. of Agriculture. Economic Research Service. Agriculture and Rural Economy Division
U.S. Dept. of Agriculture, Economic Research Service, Agriculture and Rural Economy Division, 1991 - Business & Economics - 24 pages
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Some Additional Evidence on the Effects of Fiscal Policy
Simulation Results from a Quarterly Macroeconomic Model
agricultural commodity prices asset-market Barro basis points Boothe and Reid budget deficit effects civilian and nonmetro column of table convenience yield deficit coefficient deficit reduction deficit term different from zero Durbin-Watson statistic effects of budget effects of fiscal effects on agriculture effects on real empirical specification estimated evidence excess money exchange rates exchange value expenditures exports Federal budget deficits Federal budget surplus-deficit fiscal policy effects government deficit spending government purchases held government debt Hoelscher holding period returns hypothesis income investment issues lagged values long-term interest rates long-term rates monetary policy money supply neoclassical nonmetro rate nonmetro unemployment rates percent percentage points higher Plosser Policy on Agriculture publicly held government quarterly macroeconomic model rate relative rational expectation real activity real growth real interest rates real output Ricardian equivalence Rural Economy scenario serial correlation short-term interest rates significantly different soybean prices suggest term structure trade balance Treasury securities U.S. agricultural U.S. Government