Peaks, Spikes, and Barrels
Title | Peaks, Spikes, and Barrels PDF eBook |
Author | Ms.Malika Pant |
Publisher | International Monetary Fund |
Pages | 19 |
Release | 2010-08-01 |
Genre | Business & Economics |
ISBN | 1455202207 |
Global oil markets were roiled by sharp price swings in 2008, and economists are still divided over the reasons for the unusual volatility. Those emphasizing fundamentals point to inelastic supply and demand curves, others view the phenomenon mostly as a result of financial investors flocking into commodity markets. This paper attempts to infer the strength of these competing hypotheses, using a simultaneous equation model that enables us to undertake a separate analysis of supply and demand factors. The model broadly captures both the surge and subsequent fall in prices, with a particularly strong impact of demand factors. The model captures a strong effect of a measure for global liquidity but does not find support for a speculative motive.
Peaks, Spikes, and Barrels
Title | Peaks, Spikes, and Barrels PDF eBook |
Author | Alun Thomas |
Publisher | |
Pages | |
Release | 2010 |
Genre | |
ISBN |
Peaks, Spikes, and Barrels
Title | Peaks, Spikes, and Barrels PDF eBook |
Author | Alun Thomas |
Publisher | |
Pages | 0 |
Release | 2010 |
Genre | |
ISBN |
A Barrel of Oil or a Bottle of Wine
Title | A Barrel of Oil or a Bottle of Wine PDF eBook |
Author | Tahsin Saadi Sedik |
Publisher | International Monetary Fund |
Pages | 21 |
Release | 2011-01-01 |
Genre | Business & Economics |
ISBN | 1455211796 |
This paper investigates the causes of extreme fluctuations in commodity prices from 1990 to 2010. Analyzing two very distinct commodities-crude oil and fine wine, we find that macroeconomic factors are the main determinants of commodity prices. Although supply constraints have the expected effect, aggregate demand growth is the key factor. The empirical results show that while advanced economies account for more than half of global consumption, emerging economies make up the bulk of the incremental change in demand, thereby having a greater weight in commodity price formation. The results also show that the shift in the composition of aggregate commodity demand is a recent phenomenon.
Contemporary Research on Business and Management
Title | Contemporary Research on Business and Management PDF eBook |
Author | Siska Noviaristanti |
Publisher | CRC Press |
Pages | 379 |
Release | 2020-09-15 |
Genre | Business & Economics |
ISBN | 1000260569 |
This book contains selected papers presented at the 3rd International Seminar of Contemporary Research on Business and Management (ISCRBM 2019), which was organized by the Alliance of Indonesian Master of Management Program (APMMI) and held in Jakarta, Indonesia on 27-29th November 2019. It was hosted by the Master of Management Program Indonesia University and co-hosts Airlangga University, Sriwijaya University, Trunojoyo University of Madura, and Telkom University, and supported by Telkom Indonesia and Triputra. The seminar aimed to provide a forum for leading scholars, academics, researchers, and practitioners in business and management area to reflect on current issues, challenges and opportunities, and to share the latest innovative research and best practice. This seminar brought together participants to exchange ideas on the future development of management disciplines: human resources, marketing, operations, finance, strategic management and entrepreneurship.
Exploring the Dynamics of Global Liquidity
Title | Exploring the Dynamics of Global Liquidity PDF eBook |
Author | Ms.Sally F. (Sally Fangnan) Chen |
Publisher | International Monetary Fund |
Pages | 47 |
Release | 2012-10-11 |
Genre | Business & Economics |
ISBN | 1475512791 |
This paper explores the concept of global liquidity, its measurement and macro-financial importance. We construct two sets of indicators for global liquidity: a quantity series distinguishing between core and noncore liabilities of financial intermediatires and a corresponding price series. Using price and quantity indicators simultaneously, it is possible to distinguish between shocks to the supply and demand for global liquidity, and isolate their impact on the economy. Our results confirm that global liquidity conditions matter for economic and financial stability, and points to indicators whose regular monitoring could be valuable to policymakers.
Mobilities: New Perspectives on Transport and Society
Title | Mobilities: New Perspectives on Transport and Society PDF eBook |
Author | John Urry |
Publisher | Routledge |
Pages | 386 |
Release | 2016-04-22 |
Genre | Social Science |
ISBN | 1317095146 |
Bringing together the leading authors currently working at the intersection of social science and transport science, this volume provides a companion to the well-established and extensive international Transport and Society series. Each chapter, and the volume as a whole, offers closer and richer consideration of the issues, practices and structures of multiple mobilities which shape the current world but which have typically been overlooked or minimised. What this approach seeks to do is not only draw attention to many new areas of research and investigation relating to mobile lives, but also to point to new theories and methods by which such lives have to be researched and examined. Such new theories and methods are relevant both to rethinking 'transport' studies as such but are also recasting 'societal' studies as 'transport' so that it comes out of the ghetto and enters mainstream social science.