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Commodity price volatility can create concern for central bank policy-makers. Recent commodity prices peaked in the … connected in a cause and effect relationship with inflation and real output, the driving forces behind commodity price … series to identify volatility spillovers between monetary policies and commodity price index. The findings show that the …
Persistent link: https://www.econbiz.de/10012945975
Persistent link: https://www.econbiz.de/10011882032
the case of metal crime, where in the face of big increases in value driven by world commodity prices, the incidence of … shows sizeable and significant metal crime-price elasticities, in line with the idea that changing economic returns do shape … metal thefts in the UK (and elsewhere) rose very sharply in the 2000s. Early in the current decade, they fell sharply again …
Persistent link: https://www.econbiz.de/10011853434
that the crude oil market remains more responsive to pandemic fake news. The shock of the global pandemic panic index and …
Persistent link: https://www.econbiz.de/10012822263
pre-COVID-19 and during COVID-19. Through the application of various statistical techniques, including cointegration tests …
Persistent link: https://www.econbiz.de/10014547259
This paper focuses on identifying potential asymmetric responses of non-commodity output growth in times of positive and negative commodity terms-of-trade shocks. Using a sample of 27 oil-exporting countries and a panel VAR method, the study finds: 1) the short-and medium-run response of real...
Persistent link: https://www.econbiz.de/10013306794
This study examines the long-run relationships between major precious metal prices over the last forty years. Using a … cointegrated. The results show that the cointegrating relationships between precious metal prices are not stable over time with … significant shifts in the price relations around business cycle peaks and during recessions. Our results indicate that the long …
Persistent link: https://www.econbiz.de/10012981445
Volatility in commodity markets poses an acute risk to farmers in developing countries who rely on cash crop agriculture. We combine a time series of international coffee prices with a long-running panel on coffee-growing households in Viet Nam to investigate coping mechanisms employed by...
Persistent link: https://www.econbiz.de/10011447335
We analyze the impact of the ECB monetary policies on global aggregate and sectoral commodity prices using monthly data from January 2001 till August 2019. We employ a SVAR model and assess separately period of conventional monetary policy before global financial crisis (GFC) and unconventional...
Persistent link: https://www.econbiz.de/10012200289
-to-use method for conducting mixed data-sampling analysis as well as for forecasting world commodity price movements … movements - can produce forecasts of quarterly commodity price changes that are superior to those in the previous research …
Persistent link: https://www.econbiz.de/10013128703