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...
Príomhchruthaitheoir: | |
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Rannpháirtithe: | |
Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2011.
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Sraith: | IMF Working Papers; Working Paper ;
No. 2011/001 |
Rochtain ar líne: | Full text available on IMF |