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

Fernández, 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/10012455847

Was This Time Different? Fiscal Policy in Commodity Republics

Céspedes, Luis Felipe - 2013

We revisit the issue of fiscal procyclicality in commodity-rich nations -commodity republics in the nomenclature of this paper. Since commodity prices are plausibly a main driver of fiscal policy outcomes in these countries, we focus on the behavior of fiscal variables across the commodity...

Persistent link: https://www.econbiz.de/10012458915

Commodity cycles and financial instability in emerging economies

Andreev, Michail; Peiris, M. Udara; Širobokov, Aleksandr; … - In: Annals of finance 20 (2024) 2, pp. 167-197

Persistent link: https://www.econbiz.de/10014566411

Commodity prices and international Inflation : 1851-1913

Gerlach, Stefan; Stuart, Rebecca - In: Journal of international money and finance 144 (2024), pp. 1-24

Persistent link: https://www.econbiz.de/10014551397

Commodity Price Cycles

Kabundi, Alain; Zahid, Hamza - 2023

This paper studies commodity price cycles and their underlying drivers using a dynamic factor model. The study employs a sample of 39 monthly commodity prices over 1970:01 to 2019:12. The analysis identifies global and group-specific cycles in commodity markets and includes them in a structural...

Persistent link: https://www.econbiz.de/10014580007

Commodity Booms and Busts in Emerging Economies

Drechsel, Thomas - 2017

are associated with lower spreads between the country's borrowing rate and world interest rates. Both effects jointly …

Persistent link: https://www.econbiz.de/10012949405

150 Years of Boom and Bust - What Drives Mineral Commodity Prices?

Stuermer, Martin - 2015

copper markets due to oligopolistic market structures. World output- driven demand shocks have persistent, positive effects …

Persistent link: https://www.econbiz.de/10014039217

Booms in Commodities Price : Assessing Disorder and Similarity Over Economic Cycles

Fernandes, Leonardo HS; Araujo, Fernando Henrique Antunes de - 2022

This paper provides an interesting overview of the commodities market, considering three relevant attributes: predictability, similarity, and efficiency. Therefore, we examine the monthly spot and futures prices time series for 22 commodities from January 1984 until January 2022 with 457...

Persistent link: https://www.econbiz.de/10014084395

Limiting fiscal procyclicality : evidence from resource-dependent countries

Coutinho, Leonor; Georgiou, Dimitrios; Heracleous, Maria; … - In: Economic modelling 106 (2022), pp. 1-17

Persistent link: https://www.econbiz.de/10013347608

Konjunkturschlaglicht : die Entwicklung der Rohstoffpreise seit dem russischen Angriffskrieg auf die Ukraine

Eurich, Marina - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 102 (2022) 10, pp. 811-812

Persistent link: https://www.econbiz.de/10013415749