A Multi-Market Bounded Prices Model Under Rational Expectations: The Case of Corn and Soybeans in the U.S.

This paper extends the bounded prices model under rational expectations to a multi-market setting. The resulting framework is used to estimate a supply-demand model for corn and soybeans. The estimated model is used to simulate the implications of removing price support and diversion programs over the sample period.


Issue Date:
Aug 04 1991
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/271199
Language:
English
Total Pages:
16




 Record created 2018-04-11, last modified 2018-04-11

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