Ano Sujithan, Kuhanathan; Koliai, Lyes; Avouyi-Dovi, Sanvi - Université Paris-Dauphine (Paris IX) - 2013
Commodity prices, especially oil prices, peaked in the aftermath of the financial crisis of 2007 and they have remained highly volatile. All things being equal, the increase in commodity prices may induce a similar tendency of inflation and hence become a monetary policy issue. However, the...