Download or read book Managing Buffer Stocks to Stabilize Wheat Prices written by Jerry A. Sharples and published by . This book was released on 1976 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Buffer Stock Model for the Government Balancing Stability and Sustainability written by Jean-Marc Fournier and published by International Monetary Fund. This book was released on 2019-07-22 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fiscal reaction function to debt and the cycle is built on a buffer-stock model for the government. This model inspired by the buffer-stock model of the consumer (Deaton 1991; Carroll 1997) includes a debt limit instead of the Intertemporal Budget Constraint (IBC). The IBC is weak (Bohn, 2007), a debt limit is more realistic as it reflects the risk of losing market access. This risk increases the welfare cost of fiscal stimulus at high debt. As a result, the higher the debt, the less governments should smooth the cycle. A larger reaction of interest rates to debt and higher hysteresis magnify this interaction between the debt level and the appropriate reaction to shocks. With very persistent shocks, the appropriate reaction to negative shocks in highly indebted countries can even be procyclical.
Download or read book ECONOMIC ANALYSIS OF BUFFER STOCKS TO STABILIZE THE INTERNATIONAL GRAIN MARKETS written by JACQUELINE MURRAY BRUX and published by . This book was released on 1983 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is concluded that the world as a whole would benefit from grain price stabilizing buffer stock operations, though other international policies assuring adequate developing country grain consumption should be considered as well.
Download or read book Regime Transitions Spillovers and Buffer Stocks written by Peter Stalder and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an econometric modeling approach for analysing macroeconomic disequilibria, focusing on the market for goods and labor and the spillovers between these markets transmitted through firms' decisions in the production sphere. The macroeconomic markets are treated as heterogeneous aggregates, consisting of a multitute of micro markets on which demand/supply ratios differ. Disequilibrium models have been under attack because they neglect that inventories enable firms to smooth production over the cycle, but the author argues that buffer stocks (output inventories, unfilled orders) should be accounted for within the disequilibrium framework, giving rise to a dynamic modification rather than a fundamental invalidation of rationing and spillover effects. The model developed in this book combines traditional Keynesian-type analysis with supply-side considerations and at the same time allows for micro-level imbalance. The resulting econometric structure is inherently nonlinear, reflecting that the response of economic activity to demand-side and supply-side factors varies over the cycle, depending on the aggregate mix of regimes. The model is estimated with quarterly data for Switzerland. Various simulation experiments clearly demonstrate the potential of this type of model for empirical business cycle analysis and policy discussions.
Download or read book Economic Analysis of Buffer Stocks to Stabilize the International Grain Markets written by Jacqueline Murray Brux and published by . This book was released on 1986 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Buffer Stock Models and the Demand for Money written by Paul Mizen and published by Palgrave. This book was released on 1994 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Buffer Stocks and Domestic Price Policies written by David Bigman and published by . This book was released on 1980 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Buffer Stocks written by Alis Medzikijan and published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften. This book was released on 1983 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work presents theoretical and practical approaches in the field of international buffer stocks in a systematic way. The author outlines the improvements that are being made as regards theoretical approaches, and stresses the significance of the latter as an important instrument for empirical research into the working problems in the commodity markets. She brings out the fact that the application of the buffer stock control scheme is not only the handling of its ground elementary technique, but also its appropriate application in the challenging LDCs and DCs political circumstances. This interpretation emphasizes the significance of the ancient dichotomy which emerges from the treatement of the primary commodities: their strategic and economic importance for international trade.
Download or read book Buffer Stocks Monetary Policy and the Short Run Demand for Money written by Erwin W. Heri and published by . This book was released on 1984 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Testing for Financial Buffer Stocks in Sectoral Portfolio Models written by Dorian Owen and published by . This book was released on 1989 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Preparing for Thin Cows Why the G20 should keep buffer stocks on the agenda written by Jean Denis Crola and published by Oxfam. This book was released on 2011 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Buffer Stocks Sales Expectations and Stability written by Michel C. Lovell and published by . This book was released on 1961 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Optimal Buffer Stocks and Precautionary Savings with Disappointment Aversion written by Joshua Aizenman and published by . This book was released on 1995 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing countries use various risk reduction schemes, ranging from active management of buffer stocks and international reserves to commodity stabilization funds. The purpose of this paper is to reexamine the design of these schemes in a generalized expected utility maximization model where agents are disappointment averse. We derive first the generalized risk premium, showing that disappointment aversion increases the conventional risk premium by a term proportional to the standard deviation times the degree of disappointment aversion. Next, we show that disappointment aversion modifies the characteristics of precautionary saving. The concavity of the marginal utility continues to determine precautionary saving, but its effect is of a second order magnitude (proportional to the variance) compared to the first order effect (proportional to the standard deviation) induced by disappointment aversion. Hence, higher volatility increases the precautionary saving of a disappointment averse agent. This result applies even if the income process approaches a random walk. Finally, we reexamine the optimal size of buffer stocks, showing that disappointment aversion increases its size by a first order magnitude. A buffer stock that is rather small when agents are maximizing the conventional expected utility is rather large when agents are disappointment averse.
Download or read book Buffer Stocks in the International Economy written by Beatrice Silver and published by . This book was released on 1956 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Analysis of Buffer Stocks to Stabilize the International Grain Markets written by J. M. Brux and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Buffer stocks and Price Stability written by Tilford Craig Gaines and published by . This book was released on 1948 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Organization and Integration written by P. J. G. Kapteyn and published by BRILL. This book was released on 1984-01-01 with total page 860 pages. Available in PDF, EPUB and Kindle. Book excerpt:
