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Introduction

In: Unemployment and Primary Commodity Prices

Author

Listed:
  • Annalisa Cristini

    (University of Bergamo)

Abstract

The OECD rate of unemployment and primary commodity prices appear to be inextricably linked. As shown in Figure 1.1 the positive correlation is striking: both variables are roughly constant around the mean until 1972; thereafter they undergo two notable upward jumps in 1973 and again 1979 and finally fall in 1985–86. Between 1954 and 1991 the correlation index is as high as 0.94.

Suggested Citation

  • Annalisa Cristini, 1999. "Introduction," Palgrave Macmillan Books, in: Unemployment and Primary Commodity Prices, chapter 1, pages 1-37, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-14972-8_1
    DOI: 10.1007/978-1-349-14972-8_1
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