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The Outline of the Theory

In: Unemployment and Primary Commodity Prices

Author

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  • Annalisa Cristini

    (University of Bergamo)

Abstract

The troublesome years that followed the first oil shock witnessed unusual changes in many important macroeconomic variables. The facts recollected in the previous chapter indicate that these sharp variations can be related and somehow traced back to the developments of three pivotal variables: the OECD rate of unemployment, the primary commodity price index and the real rate of interest.

Suggested Citation

  • Annalisa Cristini, 1999. "The Outline of the Theory," Palgrave Macmillan Books, in: Unemployment and Primary Commodity Prices, chapter 2, pages 38-66, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-14972-8_2
    DOI: 10.1007/978-1-349-14972-8_2
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