, when the VAR is extended to include a commodity price index, the puzzle almost disappears for the US …

) between US inflation (BLS CPI) and primary commodity price index (the BLS PPI component for all primary commodity series). Our … price index, we examine if individual primary commodity prices also nonlinearly causes inflation and vice-versa. We also … crude oil. Assuming the hypothesis that a non-linear feedback relationship exists between US inflation and the commodity …

Gayer-Rostow- Schwartz (1953) British commodity price index for 1790-1850 contain 69 items. Our historical price data base … was an increase in the volatility of the Economist’s industrial commodity price index after 1971. 7 Are Commodity … increased substantially after 1972). 9 Cashin and McDermott (2002) find that the Economist’s annual industrial commodity price …

Gayer-Rostow- Schwartz (1953) British commodity price index for 1790-1850 contain 69 items. Our historical price data base … was an increase in the volatility of the Economist’s industrial commodity price index after 1971. 7 Are Commodity … increased substantially after 1972). 9 Cashin and McDermott (2002) find that the Economist’s annual industrial commodity price …

commodity price index and all of its components. While these effects are significant, they do not, however, appear to be …

commodity price index and all of its components. While these effects are significant, they do not, however, appear to be …

price index also rose over 60 percent and crude oil price index has increased even further above 60 percent. The purpose of …, climate anomalies, and increased of oil prices. Not only the food commodity index rose more than 60 percent, nonfood commodity …

-covariance dynamics. We show by in-sample and out-of-sample forecasts that a commodity price index portfolio optimized by an asymmetric …

commodity price index and all of its components. While these effects are significant, they do not, however, appear to be …

price index for several primary commodity-exporting countries. The out-of-sample predictive ability of the equity market … document that a country's equity market value has significant out-of-sample predictive ability for the future global commodity …