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001    ocn797219839 
003    OCoLC 
005    20160527041511.3 
006    m     o  d         
007    cr ||||||||||| 
008    120629s2012    dcu     ob   i000 0 eng d 
019    802639571|a870245024|a903258301|a936322195 
020    9781475511024|qelectronic book 
020    1475511027|qelectronic book 
020    9781475563504|qelectronic book 
020    1475563507|qelectronic book 
020    |z9781475505160 
035    (OCoLC)797219839|z(OCoLC)802639571|z(OCoLC)870245024
       |z(OCoLC)903258301|z(OCoLC)936322195 
040    DJB|beng|epn|cDJB|dCUS|dOCLCQ|dE7B|dOCLCF|dYDXCP|dOCLCQ
       |dN$T|dEBLCP|dVT2 
043    f-sa--- 
049    RIDW 
050  4 HG3881.5.I58|bW67 No. 12/168eb 
072  7 BUS|x027000|2bisacsh 
082 04 332/.0424|223 
090    HG3881.5.I58|bW67 No. 12/168eb 
245 00 Commodity prices and exchange rate volatility :|blessons 
       from South Africa's capital account liberalization /
       |cprepared by Rabah Arezki [and others]. 
264  1 [Washington, D.C.] :|bInternational Monetary Fund,|c[2012]
264  4 |c©2012 
300    1 online resource (19 pages). 
336    text|btxt|2rdacontent 
337    computer|bc|2rdamedia 
338    online resource|bcr|2rdacarrier 
347    text file|2rdaft 
490 1  IMF working paper ;|vWP/12/168 
500    Title from PDF title page (IMF Web site, viewed Jun. 29, 
       2012). 
500    "Institute for Capacity Development." 
500    "June 2012." 
504    Includes bibliographical references. 
505 0  Cover; Abstract; Contents; I. Introduction; II. The 
       Literature; III. Empirical Strategy; A. Data; B. Time 
       Series Properties and Econometric Techniques; IV. Main 
       Results; V. Robustness; VI. Conclusion; References; 
       Figures; Figure 1. Evolution of Gold Prices and South 
       Africa Rand Real Exchange Rate; Figure 2. Volatility of 
       Gold Prices and South Africa Rand Real Exchange Rate; 
       Tables; Table 1 Johansen Cointegration Test Results on Pre
       -Capital Account Liberalization; Table 2 Johansen 
       Cointegration Test Results on Post-Capital Account 
       Liberalization. 
505 8  Table 3 Lagrange Multiplier Test for Residual 
       AutocorelationTable 4 VECM Results for Pre-Capital Account
       Liberalization Sample; Table 5 Post-Capital Account 
       Liberalization VECM Results; Table 6 Testing Weak 
       Exogeneity. 
520    We examine the relationship between South African Rand and
       gold price volatility using monthly data for the period 
       1980-2010. Our main findings is that prior to capital 
       account liberalization the causality runs from South 
       African Rand to gold price volatility but the causality 
       runs the other way around for the post-liberalization 
       period. These findings suggest that gold price volatility 
       plays a key role in explaining both the excessive exchange
       rate volatility and current disproportionate share of 
       speculative (short-run) inflows that South Africa has been
       coping with since the opening up of its capital account. 
590    eBooks on EBSCOhost|bEBSCO eBook Subscription Academic 
       Collection - North America 
650  0 Gold|0https://id.loc.gov/authorities/subjects/sh85055692
       |xPrices|0https://id.loc.gov/authorities/subjects/
       sh2002006518|zSouth Africa.|0https://id.loc.gov/
       authorities/names/n79023005-781 
650  0 Rand area|0https://id.loc.gov/authorities/subjects/
       sh90003623|zSouth Africa.|0https://id.loc.gov/authorities/
       names/n79023005-781 
650  0 Foreign exchange rates|0https://id.loc.gov/authorities/
       subjects/sh91004893|zSouth Africa.|0https://id.loc.gov/
       authorities/names/n79023005-781 
650  7 Gold|xPrices.|2fast|0https://id.worldcat.org/fast/944389 
650  7 Gold.|2fast|0https://id.worldcat.org/fast/944368 
650  7 Rand area.|2fast|0https://id.worldcat.org/fast/1089786 
650  7 Foreign exchange rates.|2fast|0https://id.worldcat.org/
       fast/931816 
651  7 South Africa.|2fast|0https://id.worldcat.org/fast/1204616 
655  4 Electronic books. 
700 1  Arezki, Rabah.|0https://id.loc.gov/authorities/names/
       no2005028307 
710 2  International Monetary Fund.|bInstitute for Capacity 
       Development.|0https://id.loc.gov/authorities/names/
       no2012075144 
776 08 |iPrint version:|aDumitrescu, Elena.|tCommodity Prices and
       Exchange Rate Volatility: Lessons from South Africa's 
       Capital Account Liberalization.|dWashington : 
       International Monetary Fund, ©2012|z9781475505160 
830  0 IMF working paper ;|0https://id.loc.gov/authorities/names/
       no89010263|vWP/12/168. 
856 40 |uhttps://rider.idm.oclc.org/login?url=http://
       search.ebscohost.com/login.aspx?direct=true&scope=site&
       db=nlebk&AN=568137|zOnline eBook. Access restricted to 
       current Rider University students, faculty, and staff. 
856 42 |3Instructions for reading/downloading this eBook|uhttp://
       guides.rider.edu/ebooks/ebsco 
901    MARCIVE 20231220 
948    |d20160607|cEBSCO|tebscoebooksacademic|lridw 
994    92|bRID