Desalineamiento del Precio del Cobre: 2002-2009

Authors

  • Eduardo Lopez Banco Central de Chile
  • Lorena Palomeque S. Universidad Alberto Hurtado

Keywords:

Price of Copper, Global Demand, Error Correction Models.

Abstract

Title: MISALIGNMENT OF COPPER PRICE: 2002-2009.

This paper analyzes copper price behavior during 2002-2009 while incorporating the role of fundamentals in its determination. The main conclusion is that fluctuations in the dollar, global demand and revisions to expectations about future prices are the main factors behind copper prices during that period. Purely financial factors seem to have a statistically significant impact only in the short term.

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How to Cite

Lopez, E., & Palomeque S., L. (2011). Desalineamiento del Precio del Cobre: 2002-2009. Economic Analysis Review, 26(1), 83–106. Retrieved from https://www.rae-ear.org/index.php/rae/article/view/art26-4

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