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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Unemployment and Primary Commodity Prices: Theory and Evidence in a Global Perspective

Unemployment and Primary Commodity Prices: Theory and Evidence in a Global Perspective

Cristini, Annalisa

Paperback

EconomicsLabor

ISBN10: 1349149748
ISBN13: 9781349149742
Publisher: Springer Nature
Published: Jan 1 1999
Pages: 182
Weight: 0.58
Height: 0.47 Width: 5.50 Depth: 8.50
Language: English
The book discusses the links between primary commodity prices and the OECD rate of unemployment. In particular it formalises and estimates a macroeconomic model which by endogenizing both the OECD rate of unemployment and primary commodity prices, is capable of accounting for the feedback running from the primary market back to the OECD economy. Simulations are also performed to provide insights into the propagation mechanism of an oil price shock and the role played by the various factors to determine the final effect.

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