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Journals / Central Bank Review / 2016 / Cilt: 16 - Sayı: 4

Revisiting super-cycles in commodity prices

Fatma PINAR ERDEM
İbrahim ÜNALMIŞ
Pages
137–142
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Results show that super-cycles in oil prices still exist and are not moderating.

📌 3 Key Takeaways

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Objective & Hypothesis:It is argued that business cycles have been moderating.
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Key Findings & Data:The lastpeak in long-term oil price was observed in 2012 and since then it has been on a downward trend.© 2016 Central Bank of The Republic of Turkey.
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Conclusion & Impact:Results show that super-cycles in oil prices still exist and are not moderating.
🔬Design:Research Article
📍Scope:2012 Verileri
⚙️Variables:Domain Parameters

Abstract

It is argued that business cycles have been moderating. However, there are a limited number of studies inthe literature analyzing the cyclical behaviour of commodity prices in the last decades. This paper attempts toŞll this gap by investigating the super-cycles in oil prices. In addition, interdependence between cycles in GDP and oil prices and co-movements between cycles in oil and other commodity pricesare investigated. Results show that super-cycles in oil prices still exist and are not moderating. The lastpeak in long-term oil price was observed in 2012 and since then it has been on a downward trend.© 2016 Central Bank of The Republic of Turkey. Production and hosting by Elsevier B.V. This is an openaccess article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

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Cite This Article

ERDEM, F. P., ÜNALMIŞ, İ. (2016). Revisiting super-cycles in commodity prices. Central Bank Review, Cilt: 16 - Sayı: 4, 137–142. https://ajindex.com/articles/144374

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References (4)

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