The effect of monetary policy on commodity prices : disentangling the evidence for individual prices

Carolina Arteaga; Camilo Granados; Jair Neftali Ojeda-Joya

Borradores de Economia

Number:

685

Published:

Friday, 29 July 2011

Authors:

Carolina Arteaga,

Camilo Granados,

Jair Neftali Ojeda-Joya

Download document

The most recent

Public Debt, Fiscal Deficit Expectations, and Their Transmission to the Cyclical Component of Long-Term Interest Rates

José Vicente Romero-Chamorro, Hernando Vargas-Herrera

Short vs Medium-Run: Exchange Rate Movements, Investment and the Currency Composition of Balance Sheets

Juan Camilo Medellín-Martínez, Sergio Restrepo Ángel

Denied Opportunities: A Portrait of Exclusion and Precarious Work for Young People in Cartagena

Andrea Sofía Otero-Cortés, Karina Acosta, Jhorland Ayala-García, Oriana Álvarez Vos, Sara Rojas

In this paper we study the effect of monetary policy shocks on commodity prices. While most of the literature has found that expansionary shocks have a positive effect on aggregate price indices, we study the effect on individual prices of a sample of fou