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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 … production. We establish that commodity demand shocks strongly dominate commodity supply shocks in driving prices over a broad …
Persistent link: https://www.econbiz.de/10012909613
Emerging economies, particularly those dependent on commodity exports, are prone to highly disruptive economic cycles. This paper proposes a small open economy model for a net commodity exporter to quantitatively study the triggers of these cycles. The economy consists of two sectors, one of...
Persistent link: https://www.econbiz.de/10012453995
Emerging economies, particularly those dependent on commodity exports, are prone to highly disruptive economic cycles. This paper proposes a small open economy model for a net commodity exporter to quantitatively study the triggers of these cycles. The economy consists of two sectors, one of...
Persistent link: https://www.econbiz.de/10012949405
that expands beyond the traditional demand and supply indicators to evaluate the response of commodity price booms and … force of commodity price booms and bursts at aggregate levels, In the case of EFs, the demand-side stimulates commodity … global demand and supply generated booms and busts in commodity prices have macroeconomic effects on both exporting and …
Persistent link: https://www.econbiz.de/10014307396
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technological or weather-related supply shocks, or from changes in demand like those induced by the growing use of biofuel? Does …
Persistent link: https://www.econbiz.de/10014482116
-- Bubbles, food prices, and speculation : evidence from the CFTC's daily large trader data files / Nicole M. Aulerich, Scott H …
Persistent link: https://www.econbiz.de/10014516710
Persistent link: https://www.econbiz.de/10010434712
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