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Journal Article
Oil prices and the economy
Yücel, Mine K.; Brown, Stephen P. A. (2000-07)
Southwest Economy , Issue Jul , Pages 1-6

Journal Article
Running on empty? how economic freedom affects oil supplies
Brown, Stephen P. A.; Alm, Richard (2006)
Economic Letter , Volume 1 , Pages 1-8

Journal Article
Natural gas pricing: do oil prices still matter?
Brown, Stephen P. A. (2005-07)
Southwest Economy , Issue Jul , Pages 9-11

Journal Article
Crude awakening: behind the surge in oil prices
Brown, Stephen P. A.; Virmani, Raghav; Alm, Richard (2008)
The first few months of 2008 saw crude oil prices breach one barrier after another. They topped $100 a barrel for the first time on Feb. 19, then rose past $103.76 about two weeks later, surpassing the previous inflation-adjusted peak, established in 1980. In April and early May, oil prices pushed past $110 and then $120 a barrel and beyond. ; These milestones reflect a new era in oil markets. After the tumult of the early 1980s, prices remained relatively tame for two decades - in both real and nominal terms. This long stretch of stability ended in 2004, when oil topped $40 a barrel for the ...
Economic Letter , Volume 3

Working Paper
Deliverability and regional pricing in U.S. natural gas markets
Yücel, Mine K.; Brown, Stephen P. A. (2008)
During the 1980s and early '90s, interstate natural gas markets in the United States made a transition away from the regulation that characterized the previous three decades. With abundant supplies and plentiful pipeline capacity, a new order emerged in which freer markets and arbitrage closely linked natural gas price movements throughout the country. After the mid-1990s, however, U.S. natural gas markets tightened and some pipelines were pushed to capacity. We look for the pricing effects of limited arbitrage through causality testing between prices at nodes on the U.S. natural gas ...
Working Papers , Paper 0802

Working Paper
Autocracy, democracy, bureaucracy, or monopoly: can you judge a government by its size?
Saving, Jason L.; Brown, Stephen P. A. (1999)
We develop a simple theoretical framework to examine on an integrated basis how the form of government affects its power and size. The analytical framework abstracts from distortions that arise from the means ofgovernment finance and separates government power into two dimensions-pure coercive power and pure monopoly power. A government can exert its coercive power to shift the demand for its services outward and/or its monopoly power to restrict the output along a given demand curve to earn rents. Among the implications drawn from the analysis are that government officials have an incentive ...
Working Papers , Paper 9908

Working Paper
Assessing the economic cost of unilateral oil conservation
Huntington, Hillard G.; Brown, Stephen P. A. (1993)
Working Papers , Paper 9337

Journal Article
Do energy prices threaten the recovery?
Brown, Stephen P. A. (2004-05)
Southwest Economy , Issue May , Pages 6-10

Journal Article
Oil demand and prices in the 1990s
Phillips, Keith R.; Brown, Stephen P. A. (1989-01)
Economic and Financial Policy Review , Issue Jan , Pages 1-8

Journal Article
The effect of high oil prices on today's Texas economy
Yücel, Mine K.; Brown, Stephen P. A. (2004-09)
Southwest Economy , Issue Sep , Pages 1-6

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