Belke, Ansgar; Bordon, Ingo G.; Hendricks, Torben W. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
This paper examines the interactions between money, consumer prices and commodity prices at a global level from 1970 to 2008. Using aggregated data for major OECD countries and a cointegrating VAR framework, we are able to establish long run and short run relationships among these variables...
