Browsing by Subject "DSGE"
Now showing items 1-1 of 1
Putting the Empirical Commodity Storage Model Back on Track: Crucial Implications of a "Negligible" TrendJEL codes (2021-05)The dynamics of consumption and stocks are crucial for analysis of commodity prices and policies. But empirical application of the standard storage model has been derailed by failure to replicate high real price autocorrelation. ...