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Three essays in environmental economics

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Aggressive oil extraction and precautionary saving : coping with volatility

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How to evaluate the fiscal terms of oil contracts

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Monetary policy trade-offs with a dominant oil producer

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Aggressive oil extraction and precautionary saving : coping with volatility

Ploeg, Frederick van der - 2010

The effects of stochastic oil demand on optimal oil extraction paths and tax, spending and government debt policies are analyzed when the oil demand schedule is linear and preferences quadratic. Without prudence, optimal oil extraction is governed by the Hotelling rule and optimal budgetary...

Persistent link: https://www.econbiz.de/10003966514