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...

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Detalles Bibliográficos
Autor Principal: McDermott, C.
Outros autores: Cashin, Paul, Scott, Alasdair
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/155
Acceso en liña:Full text available on IMF