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Explaining Metals Prices

Explaining Metals Prices

Paul W. Macavoy

133,21 €
IVA incluido
Disponible
Editorial:
Springer Nature B.V.
Año de edición:
1988
Materia
Finanzas
ISBN:
9780898382938
133,21 €
IVA incluido
Disponible

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Sobre IBD

One The Metals Price Collapse of the Early 1980s.- What are Prices?.- Specifying Price Determinants in an Equilibration Process.- Disequilibrium Price Behavior.- Two Explanatory Price Equations.- The Price Level Equation.- Demand Contraction.- Exchange Rates and Inventories.- Supply Expansion during the Post-1980 Period.- The Dynamic Price Equation.- Conclusion.- Three Price Reductions in Response to Increased Competition.- Deconcentration in Metals Markets.- Competitive Price Behavior.- Conclusion.- Four The Permanency of Low Prices.- References.- Appendix A Data Sources.- Appendix B Statistical Procedures for Fitting the Price Level Equations.- Appendix C Market Supply Shocks.- Appendix D Calculation of the Market Model Residuals.- Appendix E Data Series.

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