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Commodity Prices in Empirical Research

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  • Jean-François Carpantier

    (CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon)

Abstract

Commodity prices are key ingredients in many economic theories. We pick three of them (Prebisch-Singer Hypothesis, commodity currencies, financialization of commodity markets) and give a critical view on the empirical challenges faced by practitioners, including measurement inconsistencies, endogeneity concerns, time series properties and empirical design.

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  • Jean-François Carpantier, 2020. "Commodity Prices in Empirical Research," Working Papers hal-02497404, HAL.
    • Handle: RePEc:hal:wpaper:hal-02497404
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    Cited by:

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    4. Yıldırım, Durmuş Çağrı & Erdoğan, Fatma & Tarı, Elif Nur, 2022. "Time-varying volatility spillovers between real exchange rate and real commodity prices for emerging market economies," Resources Policy, Elsevier, vol. 76(C).

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    More about this item

    Keywords

    Prebisch-Singer Hypothesis; Commodity currencies; Financialization; commodity prices;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • F3 - International Economics - - International Finance

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