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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Bibliographic Details
Main Author: Liang, Hong
Other Authors: Cuddington, John
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/208
Online Access:Full text available on IMF