A long-commodity-cycle model of the world economy over a century and a half — Making bricks with little straw
Sign Up to like & getrecommendations! Published in 2019 at "Energy Economics"
DOI: 10.1016/j.eneco.2019.04.011
Abstract: Abstract This paper explores the world business cycle using unfiltered data from 1870 and looks for a theory that could account for the long wave commodity cycle in the world economy. We build a simple… read more here.
Keywords: world economy; commodity cycle; world; commodity ... See more keywords
The commodity cycle: Macroeconomic and financial stability implications – An introduction
Sign Up to like & getrecommendations! Published in 2019 at "Journal of International Money and Finance"
DOI: 10.1016/j.jimonfin.2017.07.003
Abstract: The sharp drop in oil and other commodity prices from mid-2014 proved particularly challenging for several commodity-exporting countries, as it was accompanied by large currency depreciations, higher inflation and sharp slowdowns or even recessions. Latin… read more here.
Keywords: commodity cycle; macroeconomic financial; stability implications; financial stability ... See more keywords