Borradores de Economia
Número:
521
Publicado:
Clasificación JEL:
C32, E31, E32, E41, E52
Palabras clave:
Política monetaria, Modelos markov-switching, Modelos VAR, muestreo de Gibbs
Lo más reciente
Carola Müller, Matias Ossandon Busch, Miguel Sarmiento, Freddy A. Pinzón-Puerto
Francisco Javier Lasso-Valderrama, Mario Andrés Ramos-Veloza
Diego Fernando Cuesta-Mora, Gómez-Molina Andrés Camilo
A threefold analysis of commodity prices is carried out to observe their long-run behaviour, their short-run properties and the main determinants. According to the evidence, the Prebisch-Singer hypothesis does not seem to be a property of most prices. The