Working Paper
A Broader Perspective on the Inflationary Effects of Energy Price Shocks
Kilian, Lutz; Zhou, Xiaoqing (2022-12-21)
Consumers purchase energy in many forms. Sometimes energy goods are consumed directly, for instance, in the form of gasoline used to operate a vehicle, electricity to light a home or natural gas to heat a home. At other times, the cost of energy is embodied in the prices of goods and services that consumers buy, say when purchasing an airline ticket or when buying online garden furniture made from plastic to be delivered by mail. Previous research has focused on quantifying the pass-through of the price of crude oil or the price of motor gasoline to U.S. inflation. Neither approach accounts ...
Working Papers , Paper 2224

Journal Article
The Increased Tradability of Natural Gas
Leibovici, Fernando; Dunn, Jason (2022-12-15)
Technological developments have increased the tradability of natural gas. Researchers Leibovici and Dunn identify potential bottlenecks that may limit growth in this market.
Economic Synopses , Issue 32 , Pages 1-3

Journal Article
A Shutoff of Russian Natural Gas
Neely, Christopher J.; Dunn, Jason (2022-11-17)
A shutoff of Russian natural gas to Europe will produce heterogenous effects that reflect local winter weather, national dependence on such flows, and policy responses.
Economic Synopses , Issue 29 , Pages 1-2

Why “Paying in Rubles” May Prove Irrelevant
Kahn, Charles M. (2022-04-08)
Russia’s recent decree to 'unfriendly' buyers of its natural gas may not make a great deal of difference in economic terms.
On the Economy

Working Paper
The Energy Boom and Manufacturing in the United States
Melick, William R. (2014-06-06)
This paper examines the response of U.S. manufacturers to changes in competitiveness brought about by movements in the price of natural gas. I estimate the response of various measures of manufacturing activity using panel regression methods across roughly 80 industries that allow each industry's response to vary with its energy intensity. These estimates suggest that the fall in the price of natural gas since 2006 is associated with a 2 to 3 percent increase in activity for the entire manufacturing sector, with much larger effects of 30 percent or more for the most energy intensive ...
International Finance Discussion Papers , Paper 1108

Journal Article
Harvesting the Wind: Oklahoma’s Strong Electricity Growth Has Few Agricultural Tradeoffs
Cowley, Cortney; Farha, Chase (2024-08-30)
This edition of Oklahoma Economist examines where electricity is generated within the state, its effect on agricultural land, and what may lie ahead.
Oklahoma Economist , Volume 2024 , Issue 3