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OPEC+ has set a goal of establishing a stable oil market and achieving a reasonable oil price that benefits all industry stakeholders and the global citizenry. But what price is reasonable? We examine the effect of the oil-price threshold on external balances with the aim of evaluating a...
Persistent link: https://www.econbiz.de/10012828262
We examine the impact of oil-price shocks, macroeconomic factors and pipeline bottlenecks on the evolution of wages in Alberta's oil and gas sector. The aim is to understand how wage-movements are affected by economic cycles in Alberta – an oil-exporting region – to provide policy...
Persistent link: https://www.econbiz.de/10012996133
We examine the impact of oil-price shocks, macroeconomic factors and pipeline bottlenecks on the evolution of wages in Alberta's oil and gas sector. The aim is to understand how wage-movements are affected by economic cycles in Alberta – an oil-exporting region – to provide policy...
Persistent link: https://www.econbiz.de/10012996759