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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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2000
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Schriftenreihe: | IMF Working Papers
Working Paper No. 00/208 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | 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 |
Beschreibung: | 1 Online-Ressource (32 p) |
ISBN: | 1451874693 9781451874693 |
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spelling | Liang, Hong Verfasser aut Will the Emergence of the Euro Affect World Commodity Prices? Liang, Hong Washington, D.C International Monetary Fund 2000 1 Online-Ressource (32 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 00/208 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 Online-Ausg Cuddington, John T. Sonstige oth http://elibrary.imf.org/view/IMF001/07956-9781451874693/07956-9781451874693/07956-9781451874693.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Liang, Hong Will the Emergence of the Euro Affect World Commodity Prices? |
title | Will the Emergence of the Euro Affect World Commodity Prices? |
title_auth | Will the Emergence of the Euro Affect World Commodity Prices? |
title_exact_search | Will the Emergence of the Euro Affect World Commodity Prices? |
title_exact_search_txtP | Will the Emergence of the Euro Affect World Commodity Prices? |
title_full | Will the Emergence of the Euro Affect World Commodity Prices? Liang, Hong |
title_fullStr | Will the Emergence of the Euro Affect World Commodity Prices? Liang, Hong |
title_full_unstemmed | Will the Emergence of the Euro Affect World Commodity Prices? Liang, Hong |
title_short | Will the Emergence of the Euro Affect World Commodity Prices? |
title_sort | will the emergence of the euro affect world commodity prices |
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