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portada Unemployment and Primary Commodity Prices: Theory and Evidence in a Global Perspective
Type
Physical Book
Language
Inglés
Pages
182
Format
Paperback
Dimensions
21.6 x 14.0 x 1.2 cm
Weight
0.26 kg.
ISBN13
9781349149742

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

Annalisa Cristini (Author) · Palgrave MacMillan · Paperback

Unemployment and Primary Commodity Prices: Theory and Evidence in a Global Perspective - Cristini, Annalisa

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Origin: U.S.A. (Import costs included in the price)
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Synopsis "Unemployment and Primary Commodity Prices: Theory and Evidence in a Global Perspective"

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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