• Boom or Gloom? Examining the Dutch Disease in Two-Speed Economies 

      Bjørnland, Hilde C.; Thorsrud, Leif Anders (Working Papers;12/2014, Working paper, 2014)
      Traditional studies of the Dutch disease do not account for productivity spillovers between the booming resource sector and other domestic sectors. We put forward a simple theory model that allows for such spillovers. We ...
    • Commodity Prices, Interest Rates and the Dollar 

      Akram, Q. Farooq (Working Papers;12/2008, Working paper, 2008)
      We investigate whether a decline in real interest rates and the US dollar contribute to higher commodity prices, and whether commodity prices tend to display overshooting behavior in response to changes in especially real ...
    • Forecasting Commodity Currencies: The Role of Fundamentals with Short-Lived Predictive Content 

      Foroni, Claudia; Ravazzolo, Francesco; Ribeiro, Pinho J. (Working Papers;14/2015, Working paper, 2015)
      Recent evidence highlights that commodity price changes exhibit a short-lived, yet robust contemporaneous effect on commodity currencies, which is mainly detectable in daily-frequency data. We use MIDAS models in a Bayesian ...