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At least the moves in oil and food prices share a common explanation, but what in the world do they have to do with the end of the boom in home prices?
Our results suggest that domestic housing prices, share prices, and credit growth, and some global variables, such as private credit, constitute important sources of risk.
This simple, yet novel result helps to explain why earlier studies found conflicting evidence on whether gold and crude prices share a long-run relationship.
That is to say that although their prices share a long-run relationship, price transmission is asymmetric, which is a sign of uncompetitive behavior.
Similar(56)
It priced shares at $21, raising $756 million.
Most priced shares around or above expectations.
That matters in terms of share price.
Share prices soared.
Their share prices plummeted.
Share prices duly fell.
Share prices have fluctuated wildly.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com