Commodity price shocks and the Australian economy since federation

Australia has experienced frequent and large commodity export price shocks like Third World commodity exporters, but this price volatility has had much more modest impact on economic performance. Why? This paper explores Australian terms of trade volatility since 1901. It identifies two major price...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awduron: Bhattacharyya, S, Williamson, J
Fformat: Working paper
Cyhoeddwyd: University of Oxford 2010