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OECD Economic Activity and Non‑Oil Commodity Prices: Reduced-Form Equations for INTERLINK

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/oecd-economic-activity-and-non-oil-commodity-prices_385873764137.html
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This paper gives an overview of the determination of non-oil commodity prices in the Economics and Statistics Department's INTERLINK world model. The practical problems which have been encountered, in particular in the context of full simulations are discussed. Based on a number of statistical tests, a new specification of the commodity price...
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