The recycling of oil revenues: some theoretical aspects
We investigate the stability properties of a non-tatonnement price and monetary adjustment mechanism involving an oil exporting and an oil importing country. The distinguishing characteristic of the paper is that it attempts to bring together some elements of the disequilibrium theory of exhaustible...
| Main Author: | |
|---|---|
| Format: | Working paper |
| Language: | English |
| Published: |
Oxford Institute for Energy Studies
1984
|