Commodity Prices: Macro Determinants

"Macroeconomic determinants of commodity prices." Ppt slides (pdf), National Minerals Information Center Seminar Series, US Geological Survey, Reston, VA, August 23, 2018

"Macroeconomic determinants of international commodity prices," Ppt slides (pdf), Keynote Address, JPMCC International Commodities Symposium,University of Colorado Denver Business School, August 13-15, 2018.

 "Why Are Commodity Prices Falling?Project Syndicate, Dec. 15, 2014.   "Commodity Prices: Down in Dollars, Up in Euros,VoxEU, Dec.24, 2014.

 Course on Monetary Policy & Commodities, Study Center Gerzensee, Swiss National Bank, June 2014.  Lecture slides on: Commodity PricesNR CurseCurrency Policy.

Video of session on forecasting commodity pricespaper presented at Conference on Understanding International Commodity Price Fluctuations (organized by the IMF Research Dept. & the Oxford Centre for the Analysis of Resource Rich Economies, March 2013, Washington, D.C.)   

Commodity Prices and Interest Rates,” Economic Outlook (CoBank), Oct. 2012, vol.9, no. 10, pp.1-6.

"Monetary Policy and Commodity Prices," VoxEU, 2008.

"An Explanation for Soaring Commodity Prices," VoxEU, 2008.

"Real Interest Rates Cast a Shadow Over Oil," Financial Times, April 15, 2005. Revised from "Why Are Oil and Metal Prices High? Don’t Forget Low Interest Rates."