01624cas a2200253 a 4500 AALejournalIMF007879 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451874693 1018-5941 BD-DhAAL BD-DhAAL Liang, Hong. Will the Emergence of the Euro Affect World Commodity Prices? / Hong Liang, John Cuddington. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Cuddington, John. IMF Working Papers; Working Paper ; No. 2000/208 Full text available on IMF http://elibrary.imf.org/view/journals/001/2000/208/001.2000.issue-208-en.xml IMF e-Library