Effects of supply and demand disturbances on real commodity prices: the US, UK and Japanese experience

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Effects of supply and demand disturbances on real commodity prices: the US, UK and Japanese experience

Using forty-one years of monthly data, this paper assesses the impact of economy-wide supply and demand shocks on commodity prices in three of the world?s major economies. Utilising a small theoretical macro model, empirical results support the hypothesis that the relationship between real commodity...

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Bibliographic Details
Main Authors:	Fraser, P., MacDonald, Garry, Bloch, Harry
Format:	Working Paper
Published:	School of Economics and Finance, Curtin Business School 2005
Online Access:	http://hdl.handle.net/20.500.11937/20900

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