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The theory of commodity price stabilization : a study in the economics of risk

Autor: David M G Newbery; Joseph E Stiglitz
Editorial: Oxford : Clarendon Press ; Oxford ; New York : Oxford University Press, 1981.
Edición/Formato:   Print book : Inglés (eng)Ver todas las ediciones y todos los formatos
Base de datos:WorldCat
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Formato físico adicional: Online version:
Newbery, David M.G.
Theory of commodity price stabilization.
Oxford : Clarendon Press ; Oxford ; New York : Oxford University Press, 1981
(OCoLC)654136539
Tipo de documento: Libro/Texto
Todos autores / colaboradores: David M G Newbery; Joseph E Stiglitz
ISBN: 0198284179 9780198284178 0198284381 9780198284383
Número OCLC: 8170080
Descripción: xv, 462 pages : illustrations ; 25 cm
Contenido: Part I --
Introduction and Summary --
Introduction --
The Main Issues --
Summary of Findings --
Statement of the Problem --
Part II --
Fundamentals: Supply and Demand Under Risk --
Competitively Supply with Risk-Neutral Farmers --
Supply with Risk-Averse Farmers --
Empirical Measurements of Producers' Attitudes to Risk --
Theory of Consumer Demand --
Consumer Benefits of Price Stabilization --
Market Equilibrium with Rational Expectations --
Price Dynamics, Expectations, and Adjustments --
Part III --
Market Equilibrium --
Sharing and Reducing Risk --
Futures Markets and Risk Reduction --
Storage and Savings --
The Efficiency of Market Equilibrium --
Information and Market Equilibrium --
Part IV --
Price Stabilization with no Supply Response --
The Theory of Partial Price Stabilization --
Determinants of the Distributional Impact of Price Stabilization --
Effects of Market Distortion --
Estimates of the Benefits of Price Stabilization --
Part V --
Supply Responses to Stabilization --
The Simple Theory of Supply Response to Price Stabilization --
Risk Aversion and Supply Response: A Geometrical Analysis --
Pareto-Inferior Trade and Price Stabilization --
Trade Policy --
Part VI --
Macroeconomic Repercussions --
Export-Led Price Instability --
Balance-of-Payments Policy --
Export Instability and Growth --
International Instability --
Part VII --
Dynamic Considerations --
Buffer Stocks --
Optimal Commodity Stockpiling Rules.
Otros títulos: Commodity price stabilization
Responsabilidad: David M.G. Newbery and Joseph E. Stiglitz.

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