Unemployment and Primary Commodity Prices
Download or Read eBook Unemployment and Primary Commodity Prices PDF written by Annalisa Cristini and published by Springer. This book was released on 1999-04-30 with total page 198 pages. Available in PDF, EPUB and Kindle.
Author | : Annalisa Cristini |
Publisher | : Springer |
Total Pages | : 198 |
Release | : 1999-04-30 |
ISBN-10 | : 9781349149728 |
ISBN-13 | : 1349149721 |
Rating | : 4/5 (28 Downloads) |
Book Synopsis Unemployment and Primary Commodity Prices by : Annalisa Cristini
Book excerpt: 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.