The Comovement in Commodity Prices : Sources and Implications /

We present a simple macroeconomic model with a continuum of primary commodities used in the production of the final good, such that the real prices of commodities have a factor structure. One factor captures the combined contribution of all aggregate shocks which have no direct effects on commodity...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Alquist, Ron
Awduron Eraill: Coibion, Olivier
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2013.
Cyfres:IMF Working Papers; Working Paper ; No. 2013/140
Mynediad Ar-lein:Full text available on IMF