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Working Paper
Time-varying oil price volatility and macroeconomic aggregates
Traum, Nora; Plante, Michael D. (2012)
We illustrate the theoretical relation among output, consumption, investment, and oil price volatility in a real business-cycle model. The model incorporates demand for oil by a firm, as an intermediate input, and by a household, used in conjunction with a durable good. We estimate a stochastic volatility process for the real price of oil over the period 1986?2011 and utilize the estimated process in a nonlinear approximation of the model. For realistic calibrations, an increase in oil price volatility produces a temporary decrease in durable spending, while precautionary savings motives lead ...
Working Papers , Paper 1201

Journal Article
Shrinking beaches, swelling problems
Nash, Betty Joyce (1996-07)
Man and nature war over beaches. Who wins? Who loses? Who pays?
Cross Sections , Volume 13 , Issue Sum , Pages 18-23

Journal Article
The Greenbrier: West Virginia's diamond
Cahill, Julie (1996-01)
Showcased by the beauty of White Sulphur Springs, W.Va., this one-of-a-kind resort has built its reputation on 218 years of tradition and service.
Cross Sections , Volume 13 , Issue Win , Pages 16-19

Journal Article
The nature and origins of the U.S. energy crisis
Yang, Jai-Hoon (1977-07)
Review , Volume 59 , Issue Jul , Pages 2-12

Journal Article
Market conditions cause gasoline price hikes
Grunewald, Rob (2004-07)
Fedgazette , Volume 16 , Issue Jul , Pages 15

Journal Article
Hotelling's rule repealed? An examination of exhaustible resource pricing
Schmidt, Ronald H. (1988-10)
Economic Review , Issue Fall , Pages 41-54

Journal Article
Research spotlight : Do natural resources support economic growth?
Johnsen, Rebecca (2010-10)
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2010/q4/research_spotlight_weblinks.cfm
Econ Focus , Volume 14 , Issue 4Q , Pages 11

Journal Article
Lewis and Clark: the adventure begins, again
Cataldo, Rosie (2001-05)
Fedgazette , Volume 13 , Issue May , Pages 12-14

Journal Article
Under the influence: all engines are go for the ethanol industry, but whether that continues hinges on fickle consumers and government policy.
Wirtz, Ronald A. (2001-01)
Fedgazette , Volume 13 , Issue Jan , Pages 7-9

Working Paper
A test of the theory of exhaustible resources
Smith, Tim R.; Halvorsen, Robert (1986)
Research Working Paper , Paper 86-04

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