Commodity prices: how important are real and nominal shocks?
We consider the response of both nominal and real commodity prices on world markets to real and nominal shocks by hypothesizing that nominal shocks can permanently affect nominal commodity prices, but can have only temporary effects on real commodity prices. Real shocks, in contrast, can have perman...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Taylor & Francis
2012
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/24085 |