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Author:Yücel, Mine K. 

Journal Article
Regional update

Southwest Economy , Issue Jul , Pages 7

Journal Article
Bad news from the oil patch: why the rig count is depressed

Southwest Economy , Issue Jul , Pages 5-7

Working Paper
Coal, natural gas and oil markets after World War II: what's old, what' s new?

Working Papers , Paper 9327

Journal Article
The pricing of natural gas in U.S. markets

Stephen Brown and Mine Ycel examine how different natural gas users and the market institutions serving them affect the transmission of price changes throughout various markets for natural gas. Electrical utilities and industrial users buy much of their natural gas in a competitive spot market served by brokers and interstate pipeline companies. In contrast, most commercial and residential customers are dependent on local distribution companies, which earn a regulated rate of return and buy their gas under long-term contracts. ; Using time-series methods, Brown and Ycel find that even in the ...
Economic and Financial Policy Review , Issue Apr , Pages 41-51

Journal Article
Gasoline and crude oil prices: why the asymmetry?

Many consumers complain that gasoline and crude oil prices have an asymmetric relationship in which gasoline prices raise more quickly when crude oil prices are rising than they fall when crude oil prices are falling. Many also regard the asymmetry they observe as evidence of market power in the petroleum industry. Most previous research provides econometric evidence of the asymmetry, confirming at least part of what consumers suspect. In this article Stephen Brown and Mine Yucel extend the inquiry by examining the market conditions underlying the asymmetric relationship between gasoline ...
Economic and Financial Policy Review , Issue Q3 , Pages 23-29

Journal Article
The Texas Manufacturing Outlook Survey: a tool for understanding the economy

Southwest Economy , Issue Jan , Pages 15

Working Paper
Did residential electricity rates fall after retail competition? a dynamic panel analysis

A key selling point for the restructuring of electricity markets was the promise of lower prices, that competition among independent power suppliers would lower electricity prices to retail customers. There is not much consensus in earlier studies on the effects of electricity deregulation, particularly for residential customers. Part of the reason for not finding a consistent link with deregulation and lower prices was that the removal of the transitional price caps led to higher prices. In addition, the timing of the removal of price caps coincided with rising fuel prices, which were passed ...
Working Papers , Paper 1105

Working Paper
Methanol as an alternative fuel

Working Papers , Paper 9013

Working Paper
Dynamic modeling and testing of OPEC behavior

Working Papers , Paper 8917

Working Paper
Oil prices and aggregate economic activity: a study of eight OECD countries

Working Papers , Paper 9613


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