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An Overview of Exchange Rates and Macroeconomic
Macroeconomics and Agriculture
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adjustment aggregate agricultural agricultural prices American appreciation approach assets associated assumed average balance banks billion capital cause changes coefficients commodity consider costs crops currency debt decline demand depreciation determined devaluation developing countries differential dollar domestic early Economics effects empirical equation equilibrium estimated evidence example exchange rate expected explain exports externalities farm figure fixed flexible foreign forward fundamentalists future given growth higher important income increase industrial inflation interest interest rates Journal less linkages long-run macroeconomic policy major measures monetary policy money growth money supply nominal occur overshooting percent period portfolio managers positive presented price level problem rational reduced regression relative Reserve response rise risk sector shift shocks significant simulation specified spot rate suggest supply survey Table tend trade United variables weight