Will the Emergence of the Euro Affect World Commodity Prices? /

This study provides evidence that episodes of internal stability of exchange rates among the 11 Euro countries during 1957-98 were associated with periods of lower real commodity price volatility. These stabilizing effects are statistically significant for fertilizer, metals, petroleum, and cereals....

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Dettagli Bibliografici
Autore principale: Liang, Hong
Altri autori: Cuddington, John
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2000.
Serie:IMF Working Papers; Working Paper ; No. 2000/208
Accesso online:Full text available on IMF