Belke, Ansgar; Bordon, Ingo; Hendricks, Torben - In: Applied Financial Economics 20 (2010) 3, pp. 227-242
This article examines the interactions between money, consumer prices and commodity prices at a global level from 1970 to 2008. Using aggregated data for major Organization for Economic Cooperation and Development (OECD) countries and a Cointegrating Vector Autoregression (CVAR) framework, we...