Cashin, Paul; Liang, Hong; McDermott, C. John - In: IMF Staff Papers 47 (2000) 2, pp. 2-2
This paper examines the persistence of shocks to world commodity prices, using monthly IMF data on primary commodities between 1957-98. We find that shocks to commodity prices are typically long-lasting and the variability of the persistence of price shocks is quite wide. The paper also...
