The Volatility of the Relative Price of Commodities In Terms of Manufactures Across Exchange Regimes : A Theoretical Model /

This paper investigates the relationship between the nominal exchange rate regime and the volatility of relative commodity prices. The analysis shows that the relationship depends upon both the market structure and the economic agent's perception about future exchange rate movements. When the m...

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Detalles Bibliográficos
Autor principal: Liang, Hong
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1998.
Colección:IMF Working Papers; Working Paper ; No. 1998/163
Acceso en línea:Full text available on IMF

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