The determinants of extreme commodity prices

Fat-tailed commodity price innovations are well-documented in the literature and long recognized as disruptive for consumers and producers, yet little is known about what factors drive such extreme events. Utilizing a wide range of factors from the economics and finance literature and quantile regre...

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Bibliographic Details
Main Authors: Kurlbayeva, K, Malone, S
Format: Working paper
Published: University of Oxford 2012