The purpose of this paper is to investigate the stability properties of a non-titonnement price and a monetary adjustment mechanism involving two countries: one oil-exporting and one oil-importing. Its distinguishing characteristic is that it brings together some elements of the theory of exhaustible resources and the modern balance-of-payments theory using a Bicksian, temporary equilibrium framework.
New OIES study assesses effectiveness of OPEC’s Declaration of Cooperation with non-OPEC producers: DOC accelerated… https://t.co/mLWRpKlPey
OIES's @thierry_bros interviewed by @yannicrab on the consequences of Brexit on gas interconnectors - https://t.co/MNMHVklNXV
5+1 Key Facts about the OPEC Declaration of Cooperation https://t.co/aEffVT7iHp