Patterns in World Metals Prices
AbstractThis paper uses a descriptive statistical approach to identify longer-term patterns, or empirical regularities, in the prices of 16 prominent metals from 1950 to 2010. We also examine some related aspects of the behaviour of the corresponding volumes. Our approach is to summarise the data in the form of price and volume indexes and comparison matrices that provide a convenient way of making pairwise comparisons of different metals. Finally, we also present some evidence on the sensitivity of metal prices to variations in supplies.
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Bibliographic InfoPaper provided by The University of Western Australia, Department of Economics in its series Economics Discussion / Working Papers with number 12-08.
Length: 39 pages
Date of creation: 2012
Date of revision:
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-09-22 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Clements, Kenneth W. & Nguyen, Phuong, 1981. "Inflation and relative prices : A system-wide approach," Economics Letters, Elsevier, vol. 7(2), pages 131-137.
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