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...

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Bibliografiska uppgifter
Huvudupphovsman: Liang, Hong
Övriga upphovsmän: Cashin, Paul, McDermott, C.
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1999.
Serie:IMF Working Papers; Working Paper ; No. 1999/080
Länkar:Full text available on IMF