This working paper is one of a series submitted for the Oct. 1, 2015, Baker Institute event "Currency Policy Then and Now: 30th Anniversary of the Plaza Accord."
Russell Green, David H. Papell, Ruxandra ProdanSeptember 16, 2015
This working paper is one of a series submitted for the Oct. 1, 2015, Baker Institute event "Currency Policy Then and Now: 30th Anniversary of the Plaza Accord."
This study attempts to apply a rigorous approach to developing a simple 20-year projection of growth and employment in India. It should provide motivation to the political leadership in state and central governments in India to pursue reforms ambitiously to remove barriers to labor-intensive manufacturing.
At least 164 papers have defined a "patent thicket" since the first mention of the term in 1988. Authors are frequently inconsistent in their definitions and overall there is evidence of a growing confusion concerning patent thickets. Our analysis largely resolves this confusion.
Technological progress in the exploration and production of oil and gas during the 2000s has led to a boom in upstream investment and has increased the domestic supply of fossil fuels. It is unknown, however, how many jobs this boom has created. Using time-series methods at the national level and dynamic panel methods at the state level to understand how the increase in exploration and production activity has impacted employment, this paper finds robust statistical support for the hypothesis that changes in drilling for oil and gas as captured by rig counts do, in fact, have an economically meaningful and positive impact on employment.
Mark Agerton, Peter R. Hartley, Kenneth B. Medlock III, Ted Loch-TemzelidesAugust 22, 2014
As of 2013, Colombia faces various challenges associated with managing an uncertain international economic environment and reversing adverse long-term trends, notably high domestic inequalities and the weakening of its manufacturing and agricultural sectors.
The causes and consequences of rising oil price over the past decade have been the subject of much debate. The role of speculation in financial markets has come increasingly under the microscope, with many economists arguing that in commodity markets such as oil, inventory adjustment should prevent speculative pressures from unduly influencing price. This paper investigates whether speculative pressures can exert an influence on the price of storable commodities, such as crude oil and natural gas.
A working paper that reveals some of the possible new directions in U.S. NGLs and their future use in world markets. By Al Troner, president of Asia Pacific Energy Consulting.