Construct · 1 fields · 1 citations

sell low, buy high puzzle: a standalone construct

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Agricultural economics

the pattern in which credit-constrained farmers sell grain at low post-harvest prices and later buy back at higher lean-season prices.

In agricultural economics, sell low, buy high puzzle refers to the pattern in which credit-constrained farmers sell grain at low post-harvest prices and later buy back at higher lean-season prices. This meaning comes from Burke (2018) in The Quarterly Journal of Economics.[1]

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Nearby constructs

grain3 fields · 3 citationsjingle · one word, three constructs pattern4 fields · 5 citationsjingle · one word, four constructs

References

Burke, M., Bergquist, L. F., & Miguel, E. (2018). Sell Low and Buy High: Arbitrage and Local Price Effects in Kenyan Markets. The Quarterly Journal of Economics, 134(2), 785-842. https://doi.org/10.1093/qje/qjy034

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