Commodity Prices As a Leading Indicator of Inflation
Commodity prices may be a leading indicator of inflation, because of the relative importance of flexible auction markets for the determination of these prices. Empirical tests using data for the large industrial countries as a group suggest that changes in commodity prices tend to lead those in cons...
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| Corporate Author: | |
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1988
Washington, D.C. : 1988 |
| Series: | IMF Working Papers; Working Paper ;
No. 1988/087 IMF eLibrary |
| Subjects: | |
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