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Global factors, uncertainty, weather conditions and energy prices: On the drivers of the duration of commodity price cycle phases
16 references·0 citing·55 second hop
Global factors, uncertainty, weather conditions and energy prices: On the drivers of the duration of commodity price cycle phases (2020)Global factors, uncertainty, weather cond…Measuring Geopolitical Risk (2018)Measuring Geopolitical RiskSocial and economic impacts of climate (2016)Social and economic impacts o…Measuring Economic Policy Uncertainty* (2016)Measuring Economic Policy Unc…Super Cycles of Commodity Prices Since the Mid-Nineteenth Century (2013)Super Cycles of Commodity Pri…Economic Shocks and Conflict: Evidence from Commodity Prices (2013)Economic Shocks and Conflict:…Commodity Price Shocks and Civil Conflict: Evidence from Colombia (2013)Commodity Price Shocks and Ci…How to Understand High Food Prices (2010)How to Understand High Food P…Commodity prices, interest rates and the dollar (2009)Commodity prices, interest ra…Asset Prices, Financial and Monetary Stability: Exploring the Nexus (2005)Asset Prices, Financial and M…Economic Shocks and Civil Conflict: An Instrumental Variables Approach (2004)Economic Shocks and Civil Con…Dissecting the cycle: a methodological investigation (2002)Dissecting the cycle: a metho…Commodity Prices and Growth in Africa (1999)Commodity Prices and Growth i…On the Behaviour of Commodity Prices (1992)On the Behaviour of Commodity…The Excess Co-Movement of Commodity Prices (1990)The Excess Co-Movement of Com…A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)A New Approach to the Economi…Primary Commodity Prices, Manufactured Goods Prices, and the Terms of Trade of Developing Countries: What the Long Run Shows (1988)Primary Commodity Prices, Man…A General Equilibrium Approach To Monetary Theory (1969)Credit Cycles (1997)The Science of Monetary Policy: A New Keynesian Perspective (1999)Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism? 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(1988)Understanding Consumption (1992)Do Gasoline Prices Respond Asymmetrically to Crude Oil Price Changes? (1997)Facts and Fantasies about Commodity Futures (2006)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Rethinking the global food crisis: The role of trade shocks (2010)Index Funds, Financialization, and Commodity Futures Markets (2011)Volatility spillover between oil and agricultural commodity markets (2012)Foundations of social theory (1990)Economic Growth in a Cross Section of Countries (1991)Econometric Analysis of Cross Section and Panel Data (2001)The Environment and Directed Technical Change (2009)Temperature Shocks and Economic Growth: Evidence from the Last Half Century (2012)What Do We Learn from the Weather? The New Climate-Economy Literature (2014)Crime and Punishment: An Economic Approach (1968)Ethnicity, Insurgency, and Civil War (2003)The Log of Gravity (2006)Natural Resources: Curse or Blessing? (2011)Quantifying the Influence of Climate on Human Conflict (2013)US Food Aid and Civil Conflict (2014)The Economics of Climate Change (2007)The Economics of Climate Change: The Stern Review (2007)Global non-linear effect of temperature on economic production (2015)Estimating economic damage from climate change in the United States (2017)Global warming has increased global economic inequality (2019)Social physics (2022)Investment under Uncertainty (1994)Investment Under Uncertainty. (1994)The Impact of Uncertainty Shocks (2009)COVID-19 pandemic, oil prices, stock market, geopolitical risk and policy uncertainty nexus in the US economy: Fresh evidence from the wavelet-based approach (2020)The Unprecedented Stock Market Reaction to COVID-19 (2020)Measuring Geopolitical Risk (2022)No Contagion, Only Interdependence: Measuring Stock Market Comovements (2002)Market Integration and Contagion (2005)Index Investment and the Financialization of Commodities (2012)
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References

  • 2016Measuring Economic Policy Uncertainty*12,809 cited
  • 1989A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle9,681 cited
  • 2004Economic Shocks and Civil Conflict: An Instrumental Variables Approach2,459 cited
  • 2002Dissecting the cycle: a methodological investigation1,504 cited
  • 2016Social and economic impacts of climate1,435 cited
  • 2005Asset Prices, Financial and Monetary Stability: Exploring the Nexus1,287 cited
  • 2013Commodity Price Shocks and Civil Conflict: Evidence from Colombia1,186 cited
  • 1992On the Behaviour of Commodity Prices1,154 cited
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  • 2013Economic Shocks and Conflict: Evidence from Commodity Prices446 cited
  • 2013

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Super Cycles of Commodity Prices Since the Mid-Nineteenth Century
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