Browne, Frank (contributor); Cronin, David (contributor) - 2007
to show that a flexible
commodity price overshoots its new long run equilibrium value immediately
following an … to be brought
into studies of the commodity price-consumer price relationship. They also
5
ECB
Working Paper Series … No 738
March 2007
indicate that a commodity price gap, estimated in the manner undertaken in this
paper, could …