Code
01J01517
Duration
01 October 2017 → 30 September 2024
Funding
Regional and community funding: Special Research Fund
Promotor
Research disciplines
-
Social sciences
- Applied economics
- Economic development, innovation, technological change and growth
- Economic history
- Macroeconomics and monetary economics
- Microeconomics
- Tourism
Keywords
food commodity markets
food prices
macroeconomic consequences
transmission mechanism
Project description
The macroeconomic effects of changes in food commodity prices are about six times larger than the share of food commodities in overall personal consumption. In this project, we analyze the transmission mechanism of food commodity price shocks to real economic activity in order to better
understand why the effects are so large.