The Effect of Monetary Policy on Commodity Prices: Disentangling the Evidence for Individual Prices

Table 3

Information criteria for SVAR models (amplified system).

Optimal endogenous lags from information criteria
Var models	FPE	AIC	SC	HQ	Number of lags chosen
Oil (and average)	10	10	2	2	2
Gold	10	10	2	2	2
Coal	10	10	2	2	2
Nickel	10	10	2	2	2
CRB	10	10	2	2	2