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Commodity Prices and Markets
edited by Takatoshi Ito and Andrew K. Rose
University of Chicago Press, 2011
Cloth: 978-0-226-38689-8 | eISBN: 978-0-226-38690-4
Library of Congress Classification HB235.E18C66 2011
Dewey Decimal Classification 332.6328095

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ABOUT THIS BOOK

Fluctuations of commodity prices, most notably of oil, capture considerable attention and have been tied to important economic effects, such as inflation and low rates of economic growth. Commodity Prices and Markets advances our understanding of the consequences of these fluctuations, providing both general analysis and a particular focus on the countries of the Pacific Rim. The volume addresses three distinct subjects: the difficulties in forecasting commodity prices, the effects of exogenous commodity price shocks on the domestic economy, and the relationship between price shocks and monetary policy. The ability to forecast commodity prices is difficult but of great importance to businesses and governments, and this volume will be invaluable to professionals and policy makers interested in the field.


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