Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
In the past few weeks, oil prices have fallen to record lows. This development was not predicted by the Hotelling rule, an equation proposed in 1931 that remains central to the economics of natural ...
Environment and Development Economics, Vol. 13, No. 6, SPECIAL ISSUE ON SUSTAINABLE DEVELOPMENT (December 2008), pp. 691-717 (27 pages) We analyze a two-sector growth model with directed technical ...
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