Similar Search Results

Real Exchange Rates and Commodity Prices

Dupont, Dominique Yves - 1996

multi-country model, with world market clearing, which incorporates speculative and non-speculative demands for inventories … matters, and that supply and demand elasticities are important in determining the commodity price in world markets above and … beyond the size of the share of those commodities in world trade …

Persistent link: https://www.econbiz.de/10014398636

Commodity Markets and the International Transmission of Fiscal Shocks

International Monetary Fund - 1988

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...

Persistent link: https://www.econbiz.de/10014395951

Trade Policy and Macroeconomic Balance in the World Economy

International Monetary Fund - 1988

The paper explores the relationship between trade policy and current accounts. The effect on the current account of a change in protection at home and then abroad is analyzed, assuming that the exchange rate floats. The “savings-and-investment approach” is used. It shows that there is no...

Persistent link: https://www.econbiz.de/10014396105

Food Prices and the Multiplier Effect of Trade Policy

Giordani, Paolo - 2014

This paper studies the relationship between trade policy and food prices. We show that, when individuals are loss averse, governments may use trade policy to shield the domestic economy from large food price shocks. This creates a complementarity between the price of food in international...

Persistent link: https://www.econbiz.de/10014411694

How Commodity Price Curves and Inventories React to a Short-Run Scarcity Shock

Erbil, Nese - 2010

How does a commodity market adjust to a temporary scarcity shock which causes a shift in the slope of the futures price curve? We find long-run relationships between spot and futures prices, inventories and interest rates, which means that such shocks lead to an adjustment back towards a stable...

Persistent link: https://www.econbiz.de/10014397573

The Macroeconomic Determinants of Commodity Prices

Borensztein, Eduardo - 1994

“world” demand that extends beyond the industrial countries and includes output developments in Eastern Europe and the former …

Persistent link: https://www.econbiz.de/10014396109

Commodity Prices : Cyclical Weakness or Secular Decline?

Wickham, Peter - 1994

Primary commodities still account for the bulk of exports in many developing countries. However, real commodity prices have been declining almost continuously since the early 1980s and there is evidence of renewed weakness. The appropriate policy response to a terms of trade shock depends...

Persistent link: https://www.econbiz.de/10014396445

On the Viability of Conditional Assistance Programs

Mayer, Wolfgang - 2005

Economic adjustment and reform programs, including those supported by international financial institutions (IFIs), must cope with informational asymmetries and special interest politics. This presents a particularly serious issue when IFIs make structural economic reforms a condition for...

Persistent link: https://www.econbiz.de/10014400737

International Financial Integration, Sovereignty, and Constraintson Macroeconomic Policies

Kletzer, Kenneth - 2006

This paper considers the consequences of international financial market integration for national fiscal and monetary policies that derive from the absence of an international sovereign authority to define and enforce contractual obligations across borders. The sovereign immunity of national...

Persistent link: https://www.econbiz.de/10014401979

International Coordination of Economic Policies : Scope, Methods, and Effects

International Monetary Fund - 1988

This paper discusses the scope, methods, and effects of international coordination of economic policies. In analyzing the scope for and of coordination, the paper addresses the rationale for coordination, barriers to coordination, the range and specificivity of policies to be coordinated, and...

Persistent link: https://www.econbiz.de/10014396358

1
2
3
4
5
6
7
8
9
10
Next
Last