Belke, Ansgar; Bordon, Ingo G.; Volz, Ulrich - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
This paper investigates the relationship between global liquidity and commodity and food prices applying a global … prices for the period 1980-2011. Our results support the hypothesis that there is a positive long-run relation between global … liquidity and the development of food and commodity prices, and that food and commodity prices adjust significantly to this …