Dean Scrimgeour: Monetary Policy Shocks and Commodity Prices...
Macro lunch...
"Is this for or against Jeff Frankel?" "How about orthogonal? As orthogonal as possible..."
- Barsky and Killian (2001)
- Barsky and Killian (2004)
- Frankel (2006)
- Scrimgeour (2008)
- Cook and Hahn (1989)
- Bernanke and Kuttner
Kuttner (2001) -- fed funds futures shock...
Volatility
- Recent elevated commodity prices
- Dornbusch overshooting model--commodity prices as asset prices
