Introduction to Agricultural Prices

Introduction to Asset Prices and Monetary Policy

The Bankʼs annual conference has now been held continuously since 1989 and aims to address topics of reasonably general interest to policy-makers, academics, the fi nancial markets and the general public. However, it is rare that a conference has been as timely as this yearʼs, ‘Asset Prices and Monetary Policyʼ. This introduction provides an overview of some of the main themes that emerge from ...

Factors affecting agricultural land prices

n the twenty years that preceded 1920 I there was a 245 percent increase in the average per-acre price of farmland (including improvements) before land values fell sharply. Today’s escalation in land values-364 percent between 1957 and 1977-prompts some pointed questions: Have land prices reached their peak? If not, when will they plateau, if ever? Will they then decline and, if so, will the de...

Location determinants of agricultural land prices

This paper analyses determinants of agricultural land prices in Sweden with a particular focus on location-specific factors. An asset-pricing model is used to decompose agricultural land prices into expected returns from land in its current agricultural use and expected returns from its potential use. The model is estimated in a cross regional context where explanatory factors relate to regiona...

Information and Stock Prices: A Simple Introduction

This article summarizes recent research in financial economics about why information, such as earnings announcements, moves stock prices. The article does not presume any prior exposure to finance beyond what you might read in newspapers.

An Introduction to Sociolinguistics