How Persistent Are Shocks to World Commodity Prices? /

This paper examines the persistence of shocks to world commodity prices, using monthly IMF data on primary commodities between 1957-98. We find that shocks to commodity prices are typically long-lasting and the variability of the persistence of price shocks is quite wide. The paper also discusses th...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Liang, Hong
Awduron Eraill: Cashin, Paul, McDermott, C.
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1999.
Cyfres:IMF Working Papers; Working Paper ; No. 1999/080
Mynediad Ar-lein:Full text available on IMF