An empirical investigation of the nexus among money balances, commodity prices and consumer goods' prices (anglais)

This paper aims to identify the nexus between the excess of liquidity in the United States and commodity prices over the 1983-2006 period. In particular, it assesses whether commodity prices react more powerfully than consumer goods' prices to changes in real money balances. Within a cointegrated vector autoregressive framework, the author investigates whether consumer prices and commodity prices react to excess liquidity, and if the different price...
Voir la suite

INFORMATION

Voir la suite

TÉLÉCHARGER

RAPPORT COMPLET

Version officielle du document (peut inclure des signatures etc…)

  • Version officielle (PDF)

  • TXT*

  • Total Downloads** : 829

  • Download Stats

  • *La version texte est une version à reconnaissance optique de caractères non-corrigée. Cette version est fournie uniquement pour accommoder les utilisateurs disposant de connections lentes.

BOLETÍN DEL BANCO MUNDIAL

This document is being processed or is not available.