Commodity Prices and Inflation : Evidence from Seven Large Industrial Countries

Evidence from Seven Large Industrial Countries

Nopic
A two-country theoretical model is presented, showing the effects of monetary, fiscal, and supply-side disturbances on prices of primary commodities and manufactured goods, and on exchange rates. If monetary shocks dominate, then commodity prices should lead general price movements, and the level of commodity prices should be correlated with the... READ MORE...

Publication date: September 1989
ISBN 9781451958973
$10.00

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Publication date: September 1989

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