Commodity Prices and Markets.

• Position: Bureau Books

Commodity Prices and Markets, edited by Takatoshi Ito and Andrew K. Rose, is currently available from the University of Chicago Press for $99.00. This is the twentieth volume in the NBER's East Asia Seminar on Economics series.

Commodity Prices and Markets helps us to understand the consequences of fluctuations in commodity prices, including the price of oil, and provides both a general analysis and a particular focus on the countries of the Pacific Rim. The volume addresses three subjects in particular: the difficulties in forecasting commodity prices; the effects of commodity price shocks...