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...

Полное описание

Библиографические подробности
Главный автор: McDermott, C.
Другие авторы: Cashin, Paul, Scott, Alasdair
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1999.
Серии:IMF Working Papers; Working Paper ; No. 1999/155
Online-ссылка:Full text available on IMF