Author/Editor: Peter Wickham.

Release Date:May, 2002

The paper examines the behavior of daily spot exchange rates for a sample of industrialized countries which are generally considered to be floating with only occasional official foreign exchange more...

Author/Editor: Peter Wickham.

Release Date:August, 1996

This paper examines the behavior of crude oil prices since 1980, and in particular the volatility of these prices. The empirical analysis covers “spot” prices for one of the key more...

Author/Editor: Eduardo Borensztein, Peter Wickham, Mohsin S Khan, Carmen Reinhart.

Release Date:September, 1994

This paper analyzes global commodity trends and concludes that the marked decline in real commodity prices of the past decade should be regarded as largely permanent and irreversible. The authors more...

Author/Editor: Peter Wickham, Carmen Reinhart.

Release Date:January, 1994

Primary commodities still account for the bulk of exports in many developing countries. However, real commodity prices have been declining almost continuously since the early 1980s and there is more...

Author/Editor: Peter Wickham.

Release Date:March, 1993

The paper reviews the basis for the use of various popular exchange rate indicators by tracing their conceptual development, the links between these indicators, and how they are measured in actual more...

Author/Editor: Jose De Gregorio, Peter Wickham, Patricio Arrau, Carmen Reinhart.

Release Date:May, 1991

Traditional specifications of money demand have been commonly plagued by persistent overprediction, implausible parameter estimates, and highly autocorrelated errors. This paper argues that some of more...