Financial crash, commodity prices and global imbalances: A comment

By Carmen M. Reinhart. 2009

246 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/eb35456c097d5bedc990acb6f09fcb35df420015

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Citations in the corpus

The Financialization of Commodity Markets (2014, background): “…in early 2008, a portion of which may be attributable to investment inflows into commodity markets coming from the declining real estate market (Caballero, Farhi, and Gourinchas, 2008), may have temporarily distorted people’s expectations of global economic strength and thus commodity demand…”
Oil, Gold, US dollar and Stock market interdependencies: A global analytical insight (2017, background): “Moreover, the unusual breaking events and the shortage of liquid financial assets make investors questioning their worldview about market risk and triggered a particular interest in precious metals and energy markets (Caballero et al., 2008).”
THE ROLE OF INVENTORIES AND SPECULATIVE TRADING IN THE GLOBAL MARKET FOR CRUDE OIL (2014, background): “discussed in Caballero et al. (2008) and Hamilton (2009a). All else equal, standard models of speculation imply that oil inventories must increase to enable the real price of oil to increase. Recently, Hamilton (2009a) observed that speculation in oil futures markets may drive up the real price of o”
The economics of degrowth (2012, background): “Caballero et al. (2008) offer a different theory: after the Asian crisis excess savings in Asia and theArabworld found their way to themore developed U.”
A model of carbon price interactions with macroeconomic and energy dynamics (2011, background): “They are characterized by a delayed adjustment of most commodity markets (among which the carbon market) to the global recessionary shock (Caballero et al. (2008), Chan et al. (2011), Chevallier (2011a), Tang and Xiong (2011)) with various switches from high- to low-growth regimes.39 We also note…”
Speculation and volatility spillover in the crude oil and agricultural commodity markets: A Bayesian analysis (2011, background): “Caballero, Farhi, and Gourinchas (2008) also link the oil”