메뉴 건너뛰기




Volumn 21, Issue 7, 2014, Pages 447-452

Monetary conditions and metal prices

Author keywords

commodity price boom; interest rates; metal prices; monetary conditions

Indexed keywords

CENTRAL BANK; COMMODITY PRICE; INTEREST RATE; METAL; MONETARY POLICY; PRICE DETERMINATION;

EID: 84893169803     PISSN: 13504851     EISSN: 14664291     Source Type: Journal    
DOI: 10.1080/13504851.2013.864029     Document Type: Article
Times cited : (27)

References (36)
  • 2
    • 70349845137 scopus 로고    scopus 로고
    • Commodity prices, interest rates, and the dollar
    • Akram, F. Q. (2009) Commodity prices, interest rates, and the dollar, Energy Economics, 31, 838-51.
    • (2009) Energy Economics , vol.31 , pp. 838-851
    • Akram, F.Q.1
  • 4
    • 0003532869 scopus 로고    scopus 로고
    • Explaining stationary variables with nonstationary regressors
    • Baffes, J. (1997) Explaining stationary variables with nonstationary regressors, Applied Economics Letters, 4, 69-75.
    • (1997) Applied Economics Letters , vol.4 , pp. 69-75
    • Baffes, J.1
  • 6
    • 0347540118 scopus 로고    scopus 로고
    • Do we really know that oil caused the great stagflation? A Monetary alternative
    • Barsky, R. and Kilian, L. (2001) Do we really know that oil caused the great stagflation? A Monetary alternative, NBER Macroeconomics Annual, 16, 137-83.
    • (2001) NBER Macroeconomics Annual , vol.16 , pp. 137-183
    • Barsky, R.1    Kilian, L.2
  • 7
    • 84893186039 scopus 로고
    • Borensztein, E. and Reinhart, C. M. (1994) The macroeconomic determinants of commodity prices. IMF Working Paper 94/9, International Monetary Fund, Washington, DC.
    • (1994)
    • Borensztein, E.1    Reinhart, C.M.2
  • 9
    • 84893195945 scopus 로고    scopus 로고
    • Calvo, G. (2008) Exploding commodity prices, lax monetary policy, and sovereign wealth funds. Available at http://www.voxeu.org/index.php?q=node/1244 (accessed 11 November 2013).
    • (2008)
    • Calvo, G.1
  • 12
    • 0019717016 scopus 로고
    • Hotelling's 'economics of natural resources': fifty years later
    • Devarajan, S. and Fisher, A. C. (1981) Hotelling's 'economics of natural resources': fifty years later, Journal of Economic Literature, 19, 65-73.
    • (1981) Journal of Economic Literature , vol.19 , pp. 65-73
    • Devarajan, S.1    Fisher, A.C.2
  • 13
    • 85036258669 scopus 로고
    • Distribution of the estimators for autoregressive time series with a unit root
    • Dickey, D. A. and Fuller, W. A. (1979) Distribution of the estimators for autoregressive time series with a unit root, Journal of the American Statistical Association, 74, 427-31.
    • (1979) Journal of the American Statistical Association , vol.74 , pp. 427-431
    • Dickey, D.A.1    Fuller, W.A.2
  • 14
    • 84893202227 scopus 로고    scopus 로고
    • McKinsey Global Institute, McKinsey&Company
    • Dobbs, R., Oppenheim, J., Thompson, F. et al. (2013) Resource Revolution: Tracking Global Commodity Markets, McKinsey Global Institute, McKinsey&Company. Available at http://www.mckinsey.com/insights/energy_resources_materials/resource_revolution_tracking_global_commodity_markets (accessed 19 November 2013).
    • (2013) Resource Revolution: Tracking Global Commodity Markets
    • Dobbs, R.1    Oppenheim, J.2    Thompson, F.3
  • 15
    • 43749105801 scopus 로고
    • Commodity prices and money: lessons from international finance
    • Frankel, J. A. (1984) Commodity prices and money: lessons from international finance, American Journal of Agricultural Economics, 66, 550-66.
    • (1984) American Journal of Agricultural Economics , vol.66 , pp. 550-566
    • Frankel, J.A.1
  • 17
    • 0013228873 scopus 로고
    • On the power of macroeconomic linkages to explain events in US agriculture
    • Gardner, B. (1981) On the power of macroeconomic linkages to explain events in US agriculture, American Journal of Agricultural Economics, 63, 871-8.
    • (1981) American Journal of Agricultural Economics , vol.63 , pp. 871-878
    • Gardner, B.1
  • 18
    • 0024912143 scopus 로고
    • The impact of exchange rates and developing country debt on commodity prices
    • Gilbert, C. L. (1989) The impact of exchange rates and developing country debt on commodity prices, Economic Journal, 99, 773-83.
    • (1989) Economic Journal , vol.99 , pp. 773-783
    • Gilbert, C.L.1
  • 19
    • 0005566717 scopus 로고
    • Modeling commodity prices in a world macroeconomic model
    • In: Guvenen O., editors: Kluwer Academic Publishers, Boston, MA
    • Holtham, G. H. (1988) Modeling commodity prices in a world macroeconomic model, in International Commodity Market Models and Policy Analysis, Guvenen, O. (Ed), Kluwer Academic Publishers, Boston, MA.
    • (1988) International Commodity Market Models and Policy Analysis
    • Holtham, G.H.1
  • 20
    • 0000500321 scopus 로고
    • The economics of exhaustible resources
    • Hotelling, H. (1931) The economics of exhaustible resources, Journal of Political Economy, 39, 137-75.
    • (1931) Journal of Political Economy , vol.39 , pp. 137-175
    • Hotelling, H.1
  • 21
    • 5744246352 scopus 로고
    • Comments and discussion on 'The 1972-75 Commodity Boom' by Richard N. Cooper and Robert Z. Lawrence
    • Houthakker, H. S. (1975) Comments and discussion on 'The 1972-75 Commodity Boom' by Richard N. Cooper and Robert Z. Lawrence, Brookings Papers on Economic Activity, 3, 718-20.
    • (1975) Brookings Papers on Economic Activity , vol.3 , pp. 718-720
    • Houthakker, H.S.1
  • 23
    • 84894288835 scopus 로고    scopus 로고
    • Using common features to understand the behavior of metal-commodity prices and forecast them at different horizons
    • Issler, J. V., Rodrigues, C. and Burjack, R. (2013) Using common features to understand the behavior of metal-commodity prices and forecast them at different horizons, Journal of International Money and Finance, 38. doi:10.1016/j.jimonfin.2013. 08.017
    • (2013) Journal of International Money and Finance , vol.38
    • Issler, J.V.1    Rodrigues, C.2    Burjack, R.3
  • 25
    • 0018924482 scopus 로고
    • The role of agriculture in the macroeconomy: a sectoral analysis
    • Lamm, M. R., Jr. (1980) The role of agriculture in the macroeconomy: a sectoral analysis, Applied Economics, 12, 19-35.
    • (1980) Applied Economics , vol.12 , pp. 19-35
    • Lamm Jr., M.R.1
  • 28
    • 2542568123 scopus 로고    scopus 로고
    • Panel cointegration: asymptotic and finite sample properties of pooled time series tests with an application to the PPP hypothesis
    • Pedroni, P. (2004) Panel cointegration: asymptotic and finite sample properties of pooled time series tests with an application to the PPP hypothesis, Econometric Theory, 20, 597-625.
    • (2004) Econometric Theory , vol.20 , pp. 597-625
    • Pedroni, P.1
  • 29
    • 77956888124 scopus 로고
    • Testing for a unit root in time series regression
    • Phillips, P. C. B. and Perron, P. (1988) Testing for a unit root in time series regression, Biometrika, 75, 335-46.
    • (1988) Biometrika , vol.75 , pp. 335-346
    • Phillips, P.C.B.1    Perron, P.2
  • 30
    • 0001256372 scopus 로고
    • The excess co-movement of commodity prices
    • Pindyck, R. S. and Rotemberg, J. J. (1990) The excess co-movement of commodity prices, Economic Journal, 100, 1173-89.
    • (1990) Economic Journal , vol.100 , pp. 1173-1189
    • Pindyck, R.S.1    Rotemberg, J.J.2
  • 31
    • 54449092453 scopus 로고    scopus 로고
    • The boom in mineral markets: how long might it last?
    • Radetzki, M., Eggert, R. G., Lagos, G. et al. (2008) The boom in mineral markets: how long might it last?, Resources Policy, 33, 125-8.
    • (2008) Resources Policy , vol.33 , pp. 125-128
    • Radetzki, M.1    Eggert, R.G.2    Lagos, G.3
  • 32
    • 79961239422 scopus 로고
    • Fiscal policy, the real exchange rate, and commodity prices
    • Reinhart, C. M. (1991) Fiscal policy, the real exchange rate, and commodity prices, IMF Staff Papers, 38, 506-24.
    • (1991) IMF Staff Papers , vol.38 , pp. 506-524
    • Reinhart, C.M.1
  • 35
    • 0001038147 scopus 로고
    • The determinants of spot and futures prices with storable commodities
    • Turnovsky, S. J. (1983) The determinants of spot and futures prices with storable commodities, Econometrica, 51, 1363-87.
    • (1983) Econometrica , vol.51 , pp. 1363-1387
    • Turnovsky, S.J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.