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CAP and Monetary Policy

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  • Dusberg, Carl

Abstract

Despite the importance of CAP-related agricultural market regulation mechanisms within Europe, the agricultural sectors in European countries retain a degree of sensitivity to macroeconomic activity and policies. This reality now raises the question of the effects to be expected from the implementation of the single monetary policy on these agricultural sectors within the Monetary Union. This article proposes to estimate and compare the degree of sensitivity of the agricultural sectors of a set of European countries to monetary impulses from partial VAR models.

Suggested Citation

  • Dusberg, Carl, 1997. "CAP and Monetary Policy," MPRA Paper 89234, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:89234
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • F45 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Macroeconomic Issues of Monetary Unions

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