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...
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| Corporate Author: | |
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1989
Washington, D.C. : 1989 |
| Series: | IMF Working Papers; Working Paper ;
No. 1989/072 IMF eLibrary |
| Subjects: | |
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