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Hardcover Explaining Metals Prices: Economic Analysis of Metals Markets in the 1980s and 1990s Book

ISBN: 0898382939

ISBN13: 9780898382938

Explaining Metals Prices: Economic Analysis of Metals Markets in the 1980s and 1990s

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Format: Hardcover

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Book Overview

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...

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