Economics, Econometrics and Finance
a year ago

Commodity demand shocks drive prices, shaping global economic landscapes.

1 view
Energy Economics
What drives commodity price booms and busts?
David S. Jacks, Martin Stuermer

Paper Summary

The study looked at what causes prices of things like food and metals to go up and down. They found that changes in how much people want these things have a bigger impact on prices than changes in how much is available. Over time, the reasons why prices change have shifted, with demand playing a bigger role now than in the past.

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