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...
| Những tác giả chính: | , |
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| Định dạng: | Working paper |
| Được phát hành: |
University of Oxford
2010
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