Download or read book Real Exchange Rate Adjustment and the Welfare Effects of Oil Price Decontrol written by Paul R. Krugman and published by . This book was released on 1981 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional analysis of the welfare effects of U.S. oil price regulation in the 1970's focuses on the deadweight losses in the oil market. This paper argues that such analysis substantially understates the benefits from decontrolling prices, because decontrol will lead to an improvement in the U.S. terms of trade with respect to other oil importing countries. A simple model of the relationship between oil decontrol and the terms of trade is developed, and the impact is calculated for plausible parameter values. The results suggest that the terms of trade benefits are several times larger than the benefits as conventionally measured

Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1982 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Some Consequences of Crude Oil Decontrol written by Donald A. Norman and published by . This book was released on 1981 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economics of Natural Gas Deregulation written by United States. Congress. Joint Economic Committee and published by . This book was released on 1983 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Natural Gas Policy and Regulatory Issues written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 1982 with total page 1146 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Oil Prices Energy Security and Import Policy written by Douglas R. Bohi and published by Routledge. This book was released on 2015-08-11 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1982, takes the interaction between the domestic economy and the international trade in oil and, through the use of a consistent microeconomic framework, examines the conditions under which energy and related policies may or may not improve the performance of the U.S. economy, during both normal periods and old supply disruptions. This title will be of interests to students of environmental management.

Download or read book Fossil Energy Update written by and published by . This book was released on 1982 with total page 940 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Tax reduction proposals written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1981 with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Energy Journal written by and published by . This book was released on 1986 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Publications written by National Bureau of Economic Research and published by . This book was released on 1921 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Reports and Working Papers written by Massachusetts Institute of Technology. Energy Laboratory and published by . This book was released on 1983 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book NBER Publications 1921 1982 written by National Bureau of Economic Research and published by . This book was released on 1982 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Publications of the National Bureau of Economic Research written by National Bureau of Economic Research and published by . This book was released on 1921 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Oil Windfalls written by Alan H. Gelb and published by Oxford University Press. This book was released on 1988 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the full impact of oil windfalls on six developing producer countries - Algeria, Ecuador, Indonesia, Nigeria, Trinidad and Tobago, and Venezuela. This is the first time that the issue has been systematically analysed and related to economics policies and underlying macroeconomic characteristics. The book adopts a broad approach, blending institutional and political aspects with quantitative analysis which includes the results of sophisticated model simulations. It presents new information on how oil discoveries have been used by producer governments, and analyses of the consequences. Finally it concludes that much of the potential benefit to producers has been dissipated, and explains why producers may actually end up worse off despite revenue gains.

Download or read book The Energy Illusion and Economic Stability written by Hui-Liang Tsai and published by Praeger. This book was released on 1989-07-10 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: The result of a massive study by the author of the effects of energy and energy shocks on the world economy, the volume is organized around the theme that energy is an integral feature of the economy and that any interpretation of short-term movements in economic activity is likely to be seriously at fault if it neglects energy supply changes and their repercussions. The author takes both an historical and theoretical approach to the subject, providing students and scholars of energy economics and political economy with a logical framework within which key worldwide energy issues and problems can be analyzed.

Download or read book The Deregulation of Natural Gas written by Edward John Mitchell and published by A E I Press. This book was released on 1983 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book On Non uniqueness in Rational Expectations Models written by Bennett T. McCallum and published by . This book was released on 1981 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many macroeconomic models involving rational expect at ions give rise to an infinity of solution paths, even when the models are linear in all variables. Some writers have suggested that this non-uniqueness constitutes a serious weakness for the rational expectations hypothesis. One purpose of the present paper is to argue that the non-uniqueness in question is not properly attributable to the rationality hypothesis but, instead, is a general feature of dynamic models involving expectations. It is also argued that there typically exists, in a very wide class of linear rational expectations models, a single solution that excludes "bubble" or "bootstrap" effects ones that occur only because they are arbitrarily expected to occur. A systematic procedure for obtaining solutions free from such effects is introduced and discussed. In addition, this procedure is used to interpret and reconsider several prominent examples with solution multiplicities, including ones developed by Fischer Black and John B. Taylor. [Resumen de autor]