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...
| Autore principale: | McDermott, C. |
|---|---|
| Altri autori: | Cashin, Paul, Scott, Alasdair |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1999.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 1999/169 |
| Accesso online: | Full text available on IMF |
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