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.
OIES paper presents policy options on India's upstream reforms, arguing that the setting of appropriate bidder qual… https://t.co/zUNTi22HOP
OIES's @thierry_bros quoted in French @LesEchos on US becoming a net gas exporter in 2017 - https://t.co/kDQPkmhdWA
Thierry Bros on UK gas storage: ‘If there remains frictionless trade with the EU via the interconnectors following… https://t.co/G8hUCQzEZx