Are commodity prices a leading indicator of inflation?

被引：12
|
作者：
Moosa, IA [1 ]
机构：
[1] La Trobe Univ, Sch Business, Bundoora, Vic 3083, Australia
来源：
JOURNAL OF POLICY MODELING | 1998年 / 20卷 / 02期
关键词：
D O I：
10.1016/S0161-8938(97)00004-5
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article addresses the issue of whether or not commodity prices can be used as a leading indicator of inflation. The relationship between consumer prices in industrial countries and four commodity price indices is examined using a number of econometric techniques. The main conclusion is that commodity prices can be used as a leading indicator of inflation although some of the characteristics of an "optimal" leading indicator are not met. (C) 1998 Society for Policy Modeling. Published by Elsevier Science Inc.
引用
收藏
页码：201 / 212
页数：12
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