El Nino and World Primary Commodity Prices : Warm Water or Hot Air? /

This paper examines the historical effects of the El Nino-Southern Oscillation (ENSO) cycle on world prices and economic activity. The analysis indicates that ENSO has economically-important and statistically-significant effects on world real commodity prices. A one-standard-deviation positive surpr...

Descripción completa

Detalles Bibliográficos
Autor principal: Brunner, Allan
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2000.
Colección:IMF Working Papers; Working Paper ; No. 2000/203
Acceso en línea:Full text available on IMF