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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: McDermott, C.
Muut tekijät: Cashin, Paul, Scott, Alasdair
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1999.
Sarja:IMF Working Papers; Working Paper ; No. 1999/155
Linkit:Full text available on IMF