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Stabilizing Speculative Commodity Markets

Stabilizing Speculative Commodity Markets

Book (01 Aug 1987)

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Publisher's 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.

Book information

ISBN: 9780198284727
Publisher: Clarendon
Imprint: Clarendon
Pub date:
DEWEY: 332.644
DEWEY edition: 19
Weight: 890g
Height: 230mm
Width: 150mm
Spine width: 33mm