Series: IMF Working Papers
Author(s): Shaun Roache
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2012
Keywords: Oil Price, Business Cycle Fluctuations, industrial production, inventories, inventory, non-oil commodity, Business Fluctuations, And Cycles, energy,
Shocks to aggregate activity in China have a significant and persistent short-run impact on the price of oil and some base metals. In contrast, shocks to apparent commodity-specific consumption (in part reflecting...