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real activity lead to positive (negative) adjustments of commodity futures prices. In contrast, we find no significant …
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The only way resources can be efficiently allocated in our market system is if prices of resources, goods, and services … if domestic energy prices were deregulated to reflect world market prices (now determined by OPEC) it is likely that …
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of commodities for the period 1998-2009. We find, first, that U.S. monetary policy events have an economically …
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