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Details of the Model

In: Unemployment and Primary Commodity Prices

Author

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  • Annalisa Cristini

    (University of Bergamo)

Abstract

The OECD economy is modelled in detail: the demand and the supply side are made explicit in an imperfectly competitive framework. The description of the LDC region is based on an aggregate demand function; however the evolution of the LDC foreign debt over time, which contributes to the performance of the international financial market and the endogenization of the primary commodity market, enhance the representativeness of the Southern block.

Suggested Citation

  • Annalisa Cristini, 1999. "Details of the Model," Palgrave Macmillan Books, in: Unemployment and Primary Commodity Prices, chapter 3, pages 67-86, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-14972-8_3
    DOI: 10.1007/978-1-349-14972-8_3
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