Lead-lag relationships between interest rates, exchange rates, and agricultural exports to Japan
β Scribed by Daniel J. Seger; David A. Lins; Michael A. Hudson
- Publisher
- John Wiley and Sons
- Year
- 1989
- Tongue
- English
- Weight
- 572 KB
- Volume
- 5
- Category
- Article
- ISSN
- 0742-4477
No coin nor oath required. For personal study only.
β¦ Synopsis
Agribusinesses are focusing increased attention on linkages between the US agricultural sector and international economic variables. Increased dependency by the agribusiness sector on exports, greater variability in interest rates, and greater variability in exchange rates are illustrative of recent changes. Lead-lag relationships between interest rates, exchange rates, and agricultural exports suggest strung relationships in the US and several industrialized nations. US interest rates often lead foreign exchange rates, while relationships between interest rate differentials and exchange rates are generally instantaneous.
π SIMILAR VOLUMES
his article provides observations describing the relationship between agricul-T tural commodity prices and real interest rates. The traditional view of this relationship has centered around the influence of the cost of money in the determination of carrying costs and, to a lesser extent, on the infl