Lombardi, Marco J.; Osbat, Chiara; Schnatz, Bernd - 2010
, which have been associated with developments in commodity prices. Impulse response functions confirm that exchange rates and … of economic activity affect individual nonenergy commodity prices, but we fail to find strong spillovers from oil to non …-oil commodity prices or an impact of the interest rate. In addition, we find that individual commodity prices are affected by common …