SUN Guo-mao, CHEN Guo-wen. The Forming Mechanism of Commodity Financialization. [J]. Journal of University of Jinan(Social Science Edition) 23(6):1-9(2013)
SUN Guo-mao, CHEN Guo-wen. The Forming Mechanism of Commodity Financialization. [J]. Journal of University of Jinan(Social Science Edition) 23(6):1-9(2013)DOI:
The Forming Mechanism of Commodity Financialization
we used the macroeconomic analysis framework which was derived from aggregate supply-aggregate demand model to explore the formation mechanism of commodity financialization. Moreover
we used VAR model to study the systematic relationship between commodities and macroeconomic factors. The excessive money will have a positive impact on commodities’ prices. In addition
we explain the new manifestations of the commodity markets from the aspects of both commodity spot market and derivative market under the influence of commodity financialization. In the end we conclude the above content and promote relative political suggestions to cope with commodity financialization.