Macroeconomic Factors and Commodity Price Volatility
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F14%3A00076869" target="_blank" >RIV/00216224:14560/14:00076869 - isvavai.cz</a>
Alternative codes found
RIV/00216305:26510/14:PU111333
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Macroeconomic Factors and Commodity Price Volatility
Original language description
In this paper, the relation between prices of individual sectors of commodity markets and values of selected macroeconomic determinants from January 2000 to September 2013 is analysed. This period is characteristic for its fast growth of investments intocommodity assets by non-commercial market participants. To describe mutual dependence of development of individual classes of commodities assets and macroeconomic determinants, Spearman correlation coefficient is used. The results of the research referto relatively high dependence between prices of commodity assets and Nominal Effective Exchange Rate of ISD or World Bank Inflation Rate. The paper draws attention to the fact that since 2008, the dependence between changes of macroeconomic determinantsvalues and price volatility of commodity assets has been growing, with the exception of precious metals, which shows descending dependence.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
European Financial Systems 2014: Proceedings of the 11th International Scientific Conference
ISBN
9788021071537
ISSN
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e-ISSN
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Number of pages
7
Pages from-to
550-556
Publisher name
Masaryk University
Place of publication
Brno
Event location
Lednice, Czech Republic
Event date
Jan 1, 2014
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000350701500073