 | Testing the Prebisch-Singer Hypothesis since 1650: Evidence from Panel Techniques that Allow for Multiple Breaks Author/Editor: Rabah Arezki, Kaddour Hadri, Prakash Loungani, Yao Rao. Release Date:August, 2013 In this paper, we re-examine two important aspects of the dynamics of relative primary commodity prices, namely the secular trend and the short run volatility. To do so, we employ 25 series, some of more...
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