How Commodity Price Curves and Inventories React to a Short-Run Scarcity Shock /

How does a commodity market adjust to a temporary scarcity shock which causes a shift in the slope of the futures price curve? We find long-run relationships between spot and futures prices, inventories and interest rates, which means that such shocks lead to an adjustment back towards a stable equi...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Erbil, Nese
अन्य लेखक: Roache, Shaun
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2010.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2010/222
ऑनलाइन पहुंच:Full text available on IMF