Research Article
The Effect of Monetary Policy on Commodity Prices: Disentangling the Evidence for Individual Prices
| Autocorrelation Portmanteau test (16 lags) | Model | Statistic | value |
| Oil | 347,90 | 0,522 | Gold | 375,23 | 0,563 | Coal | 378,45 | 0,169 | Nickel | 345,14 | 0,142 |
| Var models | Statistic | value |
| Oil | 536,30 | 0,154 | Gold | 545,35 | 0,099 | Coal | 538,71 | 0,138 | Nickel | 544,04 | 0,105 | CRB | 563,795 | 0,033 |
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