Similar Search Results

Booms and Busts in Commodity Markets : Bubbles or Fundamentals?

Brooks, Chris - 2019

This paper considers whether there were periodically collapsing rational speculative bubbles in commodity prices over a forty year period from the late 1960s. We apply a switching regression approach to a broad range of commodities using two different measures of fundamental values – estimated...

Persistent link: https://www.econbiz.de/10012905029

Commodities and International Business Cycles

Kim, Myunghyun - 2018

I introduce commodities and countries' different commodity trade structures into an otherwise standard two-country model to analyze international business cycles between the U.S. and commodity-exporting countries. In the model, only the foreign country (the commodity-exporting country) produces...

Persistent link: https://www.econbiz.de/10012906281

What Drives Commodity Price Booms and Busts?

Jacks, David S. - 2018

We provide evidence on the dynamic effects of aggregate commodity demand shocks, commoditysupply shocks, and storage or other commodity-specific demand shocks on real commodity prices. We analyze a new dataset of price and production levels from 1870 to 2015 for 15 grains, metals, and soft...

Persistent link: https://www.econbiz.de/10012909613

Energy and crop price cycles before and after the global financial crisis : a new approach

Vatsa, Puneet; Miljkovic, Dragan - In: Journal of agricultural economics : JAE 73 (2022) 1, pp. 220-233

Persistent link: https://www.econbiz.de/10012821201

World Shocks, World Prices, and Business Cycles : An Empirical Investigation

Fernàndez, Andrés - 2016

intratemporal relative price such as the terms of trade and possibly an intertemporal price such as the world interest rate. This … paper presents an empirical framework in which multiple commodity prices and the world interest rate transmit world … disturbances. Estimates on a panel of 138 countries over the period 1960-2015 indicate that world shocks explain on average 33 …

Persistent link: https://www.econbiz.de/10012979352

Commodity Price Cycles and Financial Stability

Moreno, Carola - 2015

Commodity exporter economies usually suffer when a boom in commodity prices ends, especially if the cycle ends abruptly. Furthermore, recent literature has highlighted the role of financial instability as either causing or aggravating financial and real crises. In this paper we look at these two...

Persistent link: https://www.econbiz.de/10013024416

Terms-of-trade shocks are not all alike

Di Pace, Federico; Juvenal, Luciana; Petrella, Ivan - 2021

Persistent link: https://www.econbiz.de/10012692714

Global factors, uncertainty, weather conditions and energy prices : on the drivers of the duration of commodity price cycle phases

Agnello, Luca; Castro, Vítor; Hammoudeh, Shawkat; … - In: Energy economics 90 (2020), pp. 1-15

Persistent link: https://www.econbiz.de/10012517583

Domestic linkages and the transmission of commodity price shocks

Romero, Damian - 2022

Persistent link: https://www.econbiz.de/10013279418

Inflation, Business Cycles, and Commodity Investing in Financialized Markets

Zaremba, Adam - 2015

Financialization of commodity markets has been a broadly discussed topic in recent years. However, its implications for commodity investors have not yet been fully explored. This paper concentrates on the macroeconomic determinants of commodity returns in financialized and non-financialized...

Persistent link: https://www.econbiz.de/10013034279