Search Results
Journal Article
Micropower: The next big thing?
Working Paper
Variance properties of Solow's productivity residual and their cyclical implications
For the United States economy (1960-1989), the correlation between the growth rates of the Solow residual and the real price of energy (government spending) is -0.55 (0.09). The Solow residual confounds movements in energy prices and government spending with those in true technology. Why? To address this question, this study develops a model to see if it quantitatively captures the endogenous transmission mechanism underlying the observed Solow residual correlations. It does. The transmission mechanism depends on endogenous capital utilization. With this transmission mechanism in place, and ...
Journal Article
A mixed blessing: oil and Latin American economies
Journal Article
U.S. energy supplies and uses: staff economic study
Journal Article
Energy helps power the Southeastern economy
Journal Article
Are we running out of oil?
Journal Article
Terms of trade and OECD policies to mitigate global climate change
Previous economic research has identified two ways policy to mitigate global climate change could be implemented without minimizing world costs. Costs are boosted when agreements to reduce greenhouse gas emissions are limited to a subset of countries or deadlines for reducing emissions force the premature retirement of energy-using capital equipment. Stephen Brown and Hillard Huntington identify a third way global warming policy could prove more costly from a world perspective-by countries using criteria other than a fuel's greenhouse gas content when determining how to reduce their ...
Journal Article
Charleston's cool: U.S. mayors go green
Journal Article
On the record: the energy industry in a time of uncertainty: a conversation with Jim Hackett
Anadarko Petroleum Corp. Chief Executive Jim Hackett, who has been chairman of the Dallas Fed's board of directors since 2007, discusses some of the key issues facing the energy industry.