Determinants of commodity prices

被引：29

作者：

Arango, Luis E. ^{[1
]}

Arias, Fernando ^{[1
]}

Florez, Adriana ^{[2
]}

机构：

[1] Banco Repub, Bogota, Colombia

[2] Univ Essex, Dept Econ, Colchester CO4 3SQ, Essex, England

来源：

APPLIED ECONOMICS | 2012年 / 44卷 / 02期

关键词：

MODEL; TRADE;

D O I：

10.1080/00036846.2010.500273

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The thesis which I humbly submit to criticism is this. If, other things remaining the same, the leading banks of the world were to lower their rate of interest, say 1% below its ordinary level, and keep it so for some years, then the prices of all commodities would rise and rise and rise without any limit whatever; on the contrary, if the leading banks were to raise their rate of interest, say 1% above its normal level, and keep it so for some years, then all prices would fall and fall and fall without any limit except zero

引用

页码：135 / 145

页数：11

共 20 条

[1] SOME TESTS OF SPECIFICATION FOR PANEL DATA - MONTE-CARLO EVIDENCE AND AN APPLICATION TO EMPLOYMENT EQUATIONS [J].