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