Commodity Price Shocks and the Business Cycle : Structural Evidence for the U.S.
| dc.contributor.author | Gubler, Matthias | deu |
| dc.contributor.author | Hertweck, Matthias Sebastian | |
| dc.date.accessioned | 2013-11-22T10:55:43Z | deu |
| dc.date.available | 2013-11-22T10:55:43Z | deu |
| dc.date.issued | 2013 | |
| dc.description.abstract | This paper evaluates the relative importance of commodity price shocks in the U.S. business cycle. Therefore, we extend the standard set of business cycle shocks to include unexpected changes in commodity prices. The resulting SVAR shows that commodity price shocks are a very important driving force of macroeconomic fluctuations — second only to investment-specific technology shocks — particularly with respect to inflation. Neutral technology shocks and monetary policy shocks, on the other hand, seem less relevant at business cycle frequencies. Neutral technology shocks rather play an important role at low frequencies. | eng |
| dc.description.version | published | |
| dc.identifier.citation | Journal of International Money and Finance ; 37 (2013). - S. 324-352 | deu |
| dc.identifier.doi | 10.1016/j.jimonfin.2013.06.012 | deu |
| dc.identifier.uri | http://kops.uni-konstanz.de/handle/123456789/25183 | |
| dc.language.iso | eng | deu |
| dc.legacy.dateIssued | 2013-11-22 | deu |
| dc.rights | terms-of-use | deu |
| dc.rights.uri | https://rightsstatements.org/page/InC/1.0/ | deu |
| dc.subject | Business cycles | deu |
| dc.subject | Commodity price shocks | deu |
| dc.subject | Structural VAR | deu |
| dc.subject.ddc | 330 | deu |
| dc.subject.jel | C32; E32; E52; Q43 | deu |
| dc.title | Commodity Price Shocks and the Business Cycle : Structural Evidence for the U.S. | eng |
| dc.type | JOURNAL_ARTICLE | deu |
| dspace.entity.type | Publication | |
| kops.citation.bibtex | @article{Gubler2013Commo-25183,
year={2013},
doi={10.1016/j.jimonfin.2013.06.012},
title={Commodity Price Shocks and the Business Cycle : Structural Evidence for the U.S.},
volume={37},
issn={0261-5606},
journal={Journal of International Money and Finance},
pages={324--352},
author={Gubler, Matthias and Hertweck, Matthias Sebastian}
} | |
| kops.citation.iso690 | GUBLER, Matthias, Matthias Sebastian HERTWECK, 2013. Commodity Price Shocks and the Business Cycle : Structural Evidence for the U.S.. In: Journal of International Money and Finance. 2013, 37, pp. 324-352. ISSN 0261-5606. Available under: doi: 10.1016/j.jimonfin.2013.06.012 | deu |
| kops.citation.iso690 | GUBLER, Matthias, Matthias Sebastian HERTWECK, 2013. Commodity Price Shocks and the Business Cycle : Structural Evidence for the U.S.. In: Journal of International Money and Finance. 2013, 37, pp. 324-352. ISSN 0261-5606. Available under: doi: 10.1016/j.jimonfin.2013.06.012 | eng |
| kops.citation.rdf | <rdf:RDF
xmlns:dcterms="http://purl.org/dc/terms/"
xmlns:dc="http://purl.org/dc/elements/1.1/"
xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#"
xmlns:bibo="http://purl.org/ontology/bibo/"
xmlns:dspace="http://digital-repositories.org/ontologies/dspace/0.1.0#"
xmlns:foaf="http://xmlns.com/foaf/0.1/"
xmlns:void="http://rdfs.org/ns/void#"
xmlns:xsd="http://www.w3.org/2001/XMLSchema#" >
<rdf:Description rdf:about="https://kops.uni-konstanz.de/server/rdf/resource/123456789/25183">
<dcterms:isPartOf rdf:resource="https://kops.uni-konstanz.de/server/rdf/resource/123456789/46"/>
<dcterms:bibliographicCitation>Journal of International Money and Finance ; 37 (2013). - S. 324-352</dcterms:bibliographicCitation>
<dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2013-11-22T10:55:43Z</dc:date>
<dc:contributor>Hertweck, Matthias Sebastian</dc:contributor>
<void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/>
<dspace:isPartOfCollection rdf:resource="https://kops.uni-konstanz.de/server/rdf/resource/123456789/46"/>
<dc:creator>Hertweck, Matthias Sebastian</dc:creator>
<bibo:uri rdf:resource="http://kops.uni-konstanz.de/handle/123456789/25183"/>
<dcterms:title>Commodity Price Shocks and the Business Cycle : Structural Evidence for the U.S.</dcterms:title>
<dcterms:abstract xml:lang="eng">This paper evaluates the relative importance of commodity price shocks in the U.S. business cycle. Therefore, we extend the standard set of business cycle shocks to include unexpected changes in commodity prices. The resulting SVAR shows that commodity price shocks are a very important driving force of macroeconomic fluctuations — second only to investment-specific technology shocks — particularly with respect to inflation. Neutral technology shocks and monetary policy shocks, on the other hand, seem less relevant at business cycle frequencies. Neutral technology shocks rather play an important role at low frequencies.</dcterms:abstract>
<foaf:homepage rdf:resource="http://localhost:8080/"/>
<dc:contributor>Gubler, Matthias</dc:contributor>
<dc:language>eng</dc:language>
<dcterms:rights rdf:resource="https://rightsstatements.org/page/InC/1.0/"/>
<dc:rights>terms-of-use</dc:rights>
<dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2013-11-22T10:55:43Z</dcterms:available>
<dc:creator>Gubler, Matthias</dc:creator>
<dcterms:issued>2013</dcterms:issued>
</rdf:Description>
</rdf:RDF> | |
| kops.description.funding | {"first": "eu", "second": "118306"} | |
| kops.flag.knbibliography | true | |
| kops.identifier.nbn | urn:nbn:de:bsz:352-251835 | deu |
| kops.relation.euProjectID | 118306 | deu |
| kops.sourcefield | Journal of International Money and Finance. 2013, <b>37</b>, pp. 324-352. ISSN 0261-5606. Available under: doi: 10.1016/j.jimonfin.2013.06.012 | deu |
| kops.sourcefield.plain | Journal of International Money and Finance. 2013, 37, pp. 324-352. ISSN 0261-5606. Available under: doi: 10.1016/j.jimonfin.2013.06.012 | deu |
| kops.sourcefield.plain | Journal of International Money and Finance. 2013, 37, pp. 324-352. ISSN 0261-5606. Available under: doi: 10.1016/j.jimonfin.2013.06.012 | eng |
| kops.submitter.email | matthias.hertweck@uni-konstanz.de | deu |
| relation.isAuthorOfPublication | 5fffb8c4-e499-4be2-8928-83ea40463768 | |
| relation.isAuthorOfPublication.latestForDiscovery | 5fffb8c4-e499-4be2-8928-83ea40463768 | |
| source.bibliographicInfo.fromPage | 324 | |
| source.bibliographicInfo.toPage | 352 | |
| source.bibliographicInfo.volume | 37 | |
| source.identifier.issn | 0261-5606 | |
| source.periodicalTitle | Journal of International Money and Finance |
Dateien
Lizenzbündel
1 - 1 von 1
Vorschaubild nicht verfügbar
- Name:
- license.txt
- Größe:
- 1.92 KB
- Format:
- Plain Text
- Beschreibung:
