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Booms and Slumps in World Commodity Prices

Booms and Slumps in World Commodity Prices »

Source: Booms and Slumps in World Commodity Prices

Volume/Issue: 1999/155

Series: IMF Working Papers

Author(s): C. McDermott , Paul Cashin , and Alasdair Scott

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1999

ISBN: 9781451857290

Keywords: Commodity prices, booms and slumps, cycles, duration, amplitude., london metal exchange, oil prices, commodity markets, import price

This paper examines the duration and magnitude of commodity-price cycles. It finds that for most commodities, price slumps last longer than price booms. How far prices fall in a slump is found to be slightly larger...

Booms and Slumps in World Commodity Prices

Booms and Slumps in World Commodity Prices »

Volume/Issue: 1999/155

Series: IMF Working Papers

Author(s): C. McDermott , Paul Cashin , and Alasdair Scott

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1999

DOI: http://dx.doi.org/10.5089/9781451857290.001

ISBN: 9781451857290

Keywords: Commodity prices, booms and slumps, cycles, duration, amplitude., london metal exchange, oil prices, commodity markets, import price

This paper examines the duration and magnitude of commodity-price cycles. It finds that for most commodities, price slumps last longer than price booms. How far prices fall in a slump is found to be slightly larger...