- 영문명
- 발행기관
- 한국농식품정책학회
- 저자명
- Su jin Choi
- 간행물 정보
- 『농업경영.정책연구』농업경영·정책연구 44권 4호, 786~816쪽, 전체 31쪽
- 주제분류
- 농수해양 > 식품과학
- 파일형태
- 발행일자
- 2017.12.30
국문 초록
영문 초록
This study investigated the influence of Quantitative Easing on corn and soybean prices. Unlike previous studies, which analysed the impact of Quantitative Easing on aggregate commodity index, it is found that corn and soybean markets respond differently to the change of the U.S. Federal fund rate. It was discovered that a shock in the interest rate led to a statistically significant decline in corn price, while the responses of soy price were unstable. The implication of the result is that different market structures should be taken into consideration in price outlook when the Federal fund rate is increased.
목차
Ⅰ. Introduction
Ⅱ. The Relationship of Interest Rate and Grain Prices
Ⅲ. Data and Methods
Ⅳ. Results
Ⅴ. Discussion
References
Appendixes
해당간행물 수록 논문
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