The Myth of Comoving Commodity Prices /

There is a common perception that the prices of unrelated commodities move together. This paper re-examines this notion, using a measure of comovement of economic time series called concordance. Concordance measures the proportion of time that the prices of two commodities are concurrently in the sa...

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Chi tiết về thư mục
Tác giả chính: McDermott, C.
Tác giả khác: Cashin, Paul, Scott, Alasdair
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1999.
Loạt:IMF Working Papers; Working Paper ; No. 1999/169
Truy cập trực tuyến:Full text available on IMF