Chu, Ke-Young; Morrison, Thomas K. - In: IMF Staff Papers 33 (1986) 1, pp. 139-184
In this paper the authors expand their earlier model of non-oil commodity price determination (Staff Papers, Vol. 31 (March 1984), pp. 93-140). The earlier study focused on the demand-side factors underlying the fluctuation of aggregate commodity prices in the short run. The present study...