Series: IMF Working Papers
Author(s): Bertrand Gruss
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 14 August 2014
Keywords: Global VAR (GVAR), commodity prices, output growth, Latin America, commodity exporters, exporters, commodity exports, Time-Series Models, Open Economy Macroeconomics, Economic Growth of Open Economies
After skyrocketing over the past decade, commodity prices have remained stable or eased somewhat since mid-2011-and most projections suggest they are not likely to resume the upward trend observed in the last decad...