News and volatility of food prices

C-Tier
Journal: Applied Economics
Year: 2008
Volume: 40
Issue: 13
Pages: 1629-1635

Authors (3)

Yuqing Zheng (University of Kentucky) Henry Kinnucan (Auburn University) Henry Thompson (Auburn University)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

Financial markets exhibit an asymmetric news effect with unexpected low prices generating more price volatility than 'news' of high prices. The present study examines US food markets for such asymmetric news effects. Analysis of 25 years of monthly data for 45 retail food items shows that price news destabilizes about a third of the markets with unexpected price increases more destabilizing.

Technical Details

RePEc Handle
repec:taf:applec:v:40:y:2008:i:13:p:1629-1635
Journal Field
General
Author Count
3
Added to Database
2026-01-25