Commodity Prices and Inflation : Evidence from Seven Large Industrial Countries.
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...
| Coauteur: | |
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| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
1989.
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| Reeks: | IMF Working Papers; Working Paper ;
No. 1989/072 |
| Online toegang: | Full text available on IMF |