Food Prices and the Multiplier Effect of Trade Policy /

This paper studies the relationship between trade policy and food prices. We show that, when individuals are loss averse, governments may use trade policy to shield the domestic economy from large food price shocks. This creates a complementarity between the price of food in international markets an...

Полное описание

Библиографические подробности
Главный автор: Giordani, Paolo
Другие авторы: Rocha, Nadia, Ruta, Michele
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2014.
Серии:IMF Working Papers; Working Paper ; No. 2014/182
Online-ссылка:Full text available on IMF