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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| Další autoři: | , |
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
1999.
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| Edice: | IMF Working Papers; Working Paper ;
No. 1999/169 |
| On-line přístup: | Full text available on IMF |