Booms and Slumps in World Commodity Prices /

This paper examines the duration and magnitude of commodity-price cycles. It finds that for most commodities, price slumps last longer than price booms. How far prices fall in a slump is found to be slightly larger than how far they rebound in a subsequent boom. There is little evidence of a consist...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: McDermott, C.
Awduron Eraill: Cashin, Paul, Scott, Alasdair
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1999.
Cyfres:IMF Working Papers; Working Paper ; No. 1999/155
Mynediad Ar-lein:Full text available on IMF