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Commodity prices and global inflation, 1851-1913

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Global instability of gold prices : view from the state-corporation hegemonic stability theory

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Commodity prices and global inflation, 1851-1913

Gerlach, Stefan; Stuart, Rebecca - 2021

This paper uses annual data to study the interaction of consumer and commodity prices in 15 economies over the period 1850-1913. We find that consumer price inflation in all 15 countries co-moves with a broad measure of changes in commodity prices. Consumer prices comove most strongly with...

Persistent link: https://www.econbiz.de/10012662476