The price of gold and the exchange rates: Once again

Resources Policy

Volumn 33, Issue 2, 2008, Pages 118-124

  Sjaastad, Larry A ^a,b  

^a UNIVERSITY OF CHICAGO   (United States)

^b UNIVERSITY OF WESTERN AUSTRALIA   (Australia)

Author keywords

[No Author keywords available]

Indexed keywords

DEPRECIATION; INTERNATIONAL TRADE; MARKETING;

APPRECIATION; FLOATING EXCHANGE RATES;

GOLD;

COMMODITY PRICE; CURRENCY; EMPIRICAL ANALYSIS; EXCHANGE RATE; GOLD; PRICE DYNAMICS;

EID: 44649103251     PISSN: 03014207     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.resourpol.2007.10.002     Document Type: Article

References (8)

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2. Edwards S. Real Exchange Rates, Devaluation, and Adjustment: Exchange Rate Policy in Developing Countries (1989), The MIT Press, Cambridge
3. Frenkel J. The collapse of purchasing power parity during the 1970s. Eur. Econ. Rev. 16 (1981) 145-165
4. Hansen L.P., and Hodrick R.J. Forward exchange rates as optimal predictors of future spot rates: an econometric analysis. J. Pol. Econ. 88 (1980) 829-853
5. Ridler D., and Yandle C.A. A simplified method for analyzing the effects of exchange rate changes on exports of a primary commodity. IMF Staff Papers 19 (1972) 559-575
6. Sjaastad L.A. Exchange rate regimes and the real rate of interest. In: Connolly M., and McDermott J. (Eds). The Economics of the Caribbean Basin (1985), Praeger, New York 135-164
7. Sjaastad, L. A., Scacciavillani, F., 1996. The price of gold and the exchange rates. J. Int. Money Finance, December (reprinted in Meher Manzur (Ed.), 2002. Exchange Rates, Interest Rates and Commodity Prices, Edward Elgar, and in MoonJoong Tcha (Ed.), 2003. Gold and the Modern World Economy, Routledge).
8. White H. A heteroscedasticity-consistent covariance matrix estimator and a direct test for heteroscedasticity. Econometrica 48 (1980) 817-838