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Investigating Properties of Commodity Price Responses to Real and Nominal Shocks

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Academic year: 2020

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Figure

Figure 1. Examples of the Impulse-Response Function Estimates to One StandardDeviation Shocks
Figure 2. Kernel Density Estimations of the Dynamic Elasticity: Exchange Rate Shock
Figure 3. Kernel Density Estimations of the Dynamic Elasticity: Real GDP Shock
Figure 4. Kernel Density Estimations of the Price Rigidity Measure
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