Showing 1 - 10 of 2,590
Persistent link: https://www.econbiz.de/10008760179
, the Chilean peso is heavily affected by fluctuations in the copper price. As all six base metal prices show an important …
Persistent link: https://www.econbiz.de/10012931176
In this paper, we investigate the impact of demographic uncertainty in a multi-regional general equilibrium, overlapping generations model (INGENUE 2). Specifically, we will consider the level of uncertainty in each of the ten major regions of the world, and their correlation across regions. In...
Persistent link: https://www.econbiz.de/10013137282
A central authority possessing tax and expenditure responsibilities can readily provide an efficient level of a public good. Absent a central authority, the case with climate change mitigation, voluntary arrangements must replace coercive arrangements; significant under-provision must be...
Persistent link: https://www.econbiz.de/10014127347
copper price boom, the higher copper price and associated capital inflows create upward pressure on the real exchange rate …
Persistent link: https://www.econbiz.de/10013321367
We analyze more than 20,000 forecasts of nine metal prices at four different forecast horizons. We document that forecasts are heterogeneous and report that anti-herding appears to be a source of this heterogeneity. Forecaster anti-herding reflects strategic interactions among forecasters that...
Persistent link: https://www.econbiz.de/10009621766
We investigate the time-varying dynamics of the precious metal markets. We employ a mixed data sampling technique to identify the impact of macroeconomic and financial drivers from G7 and BRICS countries on the daily volatility and pairwise correlation of gold, silver, platinum, and palladium....
Persistent link: https://www.econbiz.de/10013217476
periods characterized by sustainable linear trends in the difference between the headline consumer price index (CPI) and the … the evolution of motor fuel price (a subcategory of the consumer price index of transportation) relative to the core CPI … as a linear function of time. Under our framework, all price deviations from this linear trend are transient and the …
Persistent link: https://www.econbiz.de/10013027558
drivers of these price peaks. This paper is concerned with the costs of steam coal allocation in the seaborne market and their … influence on the price equilibrium. It presents an optimisation model that differentiates between mining technologies and … therefore allows to analyse the effects of input price escalation on marginal costs in detail. Since 2005 input prices of …
Persistent link: https://www.econbiz.de/10008661778
This paper studies the interactions between electoral considerations and the imposition of price controls by … opportunistic policymakers. The analysis shows that a policy cycle emerges in which price controls are imposed in periods leading to … price controls, the nature of wage contracts, and the degree of uncertainty about the term in office …
Persistent link: https://www.econbiz.de/10012781644