Papież, Monika; Śmiech, Sławomir; Dąbrowski, Marek A. - Volkswirtschaftliche Fakultät, … - 2014
The aim of the paper is the analysis of the links between the real and financial processes in the euro area and energy and non-energy commodity prices. Monthly data spanning from 1997:1 to 2013:12 and the structural VAR model are used to analyse the relations between global commodity prices and...