The Relative Volatility of Commodity Prices : A Reappraisal /

This paper studies the volatility of commodity prices on the basis of a large dataset of monthly prices observed in international trade data from the United States over the period 2002 to 2011. The conventional wisdom in academia and policy circles is that primary commodity prices are more volatile...

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Bibliographic Details
Main Author: Arezki, Rabah
Other Authors: Lederman, Daniel, Zhao, Hongyan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/279
Online Access:Full text available on IMF