A Barrel of Oil or a Bottle of Wine : How Do Global Growth Dynamics Affect Commodity Prices? /

This paper investigates the causes of extreme fluctuations in commodity prices from 1990 to 2010. Analyzing two very distinct commodities-crude oil and fine wine, we find that macroeconomic factors are the main determinants of commodity prices. Although supply constraints have the expected effect, a...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Saadi Sedik, Tahsin
مؤلفون آخرون: Cevik, Serhan
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2011.
سلاسل:IMF Working Papers; Working Paper ; No. 2011/001
الوصول للمادة أونلاين:Full text available on IMF