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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Xehetasun bibliografikoak
Egile nagusia: Liang, Hong
Beste egile batzuk: Cuddington, John
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2000.
Saila:IMF Working Papers; Working Paper ; No. 2000/208
Sarrera elektronikoa:Full text available on IMF
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100 1 |a Liang, Hong. 
245 1 0 |a Will the Emergence of the Euro Affect World Commodity Prices? /  |c Hong Liang, John Cuddington. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2000. 
300 |a 1 online resource (32 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. A reasonable inference, therefore, is that the establishment of the Euro on January 1, 1999, should be expected to contribute to reduced volatility of world commodity prices, other things equal, although the impacts are likely to be modest. 
538 |a Mode of access: Internet 
700 1 |a Cuddington, John. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2000/208 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2000/208/001.2000.issue-208-en.xml  |z IMF e-Library