ENGLISH

Commodity Prices and Markets

By Takatoshi Ito (editor); Andrew K. Rose (editor)

Book information

Publisher
University of Chicago Press
Year
2011
ISBN
9780226386904
DOI
10.7208/9780226386904
Language
english
Format
PDF
Filesize
3 MB (3343299 bytes)
Series
National Bureau of Economic Research East Asia Seminar on Economics; 20
Pages
352\338
Library
degruyter.com
Time added
2023-08-15 02:27:10

Description

Fluctuations of commodity prices, most notably of oil, capture considerable attention and have been tied to important economic effects, such as inflation and low rates of economic growth. Commodity Prices and Markets advances our understanding of the consequences of these fluctuations, providing both general analysis and a particular focus on the countries of the Pacific Rim. The volume addresses three distinct subjects: the difficulties in forecasting commodity prices, the effects of exogenous commodity price shocks on the domestic economy, and the relationship between price shocks and monetary policy. The ability to forecast commodity prices is difficult but of great importance to businesses and governments, and this volume will be invaluable to professionals and policy makers interested in the field.

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