Synopsis
This book reviews the problems caused by commodity price instability and develops a mathematical model for commodity markets. The implications of this model for intervention and the welfare effects are then considered. A fully developed model of the world copper market is used to investigate alternative buffer stock intervention rules in order to assess the scope and limitations of such stabilization strategies.
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Stabilizing Speculative Commodity Markets
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Stabilizing Speculative Commodity Markets
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Oxford University Press, 1987
ISBN 10: 0198284721
ISBN 13: 9780198284727
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Hardcover. Condition: Very Good. [oup/b 200548] The book is unused. There is a light stain on the inside of the jacket. Seller Inventory # SKU001477
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Stabilizing Speculative Commodity Markets
Published by
Oxford University Press, 1987
ISBN 10: 0198284721
ISBN 13: 9780198284727
Used
Hardcover
Seller: Mispah books, Redhill, SURRE, United Kingdom
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