Commodity price uncertainty as a leading indicator of economic activity
نویسندگان
چکیده
This article examines the impact of commodity price uncertainty on U.S. economic activity. Our analysis indicates that in agricultural, energy and metals markets depresses activity United States. Uncertainty shocks agricultural have a more long-lasting dampening effect its components, when compared to oil shocks. Finally, we show accounting for effects macroeconomic monetary factors, negative dynamic response remains unaltered, while respective is significantly reduced.
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ژورنال
عنوان ژورنال: International Journal of Finance & Economics
سال: 2022
ISSN: ['1076-9307', '1099-1158']
DOI: https://doi.org/10.1002/ijfe.2642