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Differential Effects of Monetary Policy on the U.S. Agricultural and Nonagricultural Sectors

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  • Huffman, Wallace E.
  • Langley, Suchada V.

Abstract

The possible adverse effects of monetary policy on the agricultural sector have been the focus of several recent papers (e.g., Johnson, 1980; Gardner, 1981; Chambers, 1984; Starleaf et al. 1985; Falk et al. 1985; and Rausser, 1985). Rausser (1985) and Staraoulis et al. (1985) have hypothesized that raacroeconoraic externalities are imposed upon agriculture because prices are relatively sticky in the nonagricultural sector.

Suggested Citation

  • Huffman, Wallace E. & Langley, Suchada V., 1987. "Differential Effects of Monetary Policy on the U.S. Agricultural and Nonagricultural Sectors," ISU General Staff Papers 198703010800001162, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:198703010800001162
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