Commodity Price Shocks : Order within Chaos?

The prices of 27 internationally traded commodities are decomposed into transitory and permanent shocks by applying an ideal band-pass filter to monthly data from 1970–2020. The two types of shocks contributed roughly equally to price variations, b...

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Bibliographic Details
Main Authors: Baffes, John, Kabundi, Alain
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/undefined/693261633374058029/Commodity-Price-Shocks-Order-within-Chaos
http://hdl.handle.net/10986/36343