Commodity Terms of Trade: The History of Booms and Busts
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Summary:
We compile a historical dataset covering nearly 40 years of booms and busts in the commodity terms of trade of over 150 countries. We discuss the characteristics of these events and their effects on macroeconomic performance and, in particular, compare the most recent commodity-price cycle with its historical precedents.
Series:
Working Paper No. 2009/205
Subject:
Business cycles Commodities Commodity booms Commodity price fluctuations Commodity prices
English
Publication Date:
September 1, 2009
ISBN/ISSN:
9781451873528/1018-5941
Stock No:
WPIEA2009205
Pages:
34
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