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...

Description complète

Détails bibliographiques
Auteur principal: McDermott, C.
Autres auteurs: Cashin, Paul, Scott, Alasdair
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1999.
Collection:IMF Working Papers; Working Paper ; No. 1999/155
Accès en ligne:Full text available on IMF