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Roller Coaster Economics

Author

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  • Christian Weller
  • Jaryn Fields

Abstract

It is one thing for gas prices to be high, but there is another factor—price volatility. The two factors gyrate, and such inconsistent price behavior sends inefficient signals to consumers and business.

Suggested Citation

  • Christian Weller & Jaryn Fields, 2011. "Roller Coaster Economics," Challenge, Taylor & Francis Journals, vol. 54(5), pages 99-117.
    • Handle: RePEc:mes:challe:v:54:y:2011:i:5:p:99-117
    DOI: 10.2753/0577-5132540506
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    References listed on IDEAS

    as
    1. Peter Ferderer, J., 1996. "Oil price volatility and the macroeconomy," Journal of Macroeconomics, Elsevier, vol. 18(1), pages 1-26.
    2. Pindyck, Robert S, 1991. "Irreversibility, Uncertainty, and Investment," Journal of Economic Literature, American Economic Association, vol. 29(3), pages 1110-1148, September.
    3. Roy Boyd & Tony Caporale, 1996. "Scarcity, Resource Price Uncertainty, and Economic Growth," Land Economics, University of Wisconsin Press, vol. 72(3), pages 326-335.
    4. Hamilton, James D., 2003. "What is an oil shock?," Journal of Econometrics, Elsevier, vol. 113(2), pages 363-398, April.
    5. Papapetrou, Evangelia, 2001. "Oil price shocks, stock market, economic activity and employment in Greece," Energy Economics, Elsevier, vol. 23(5), pages 511-532, September.
    6. Ben S. Bernanke, 1983. "Irreversibility, Uncertainty, and Cyclical Investment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(1), pages 85-106.
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    Cited by:

    1. Gülsüm Akarsu, 2017. "Analyzing the impact of oil price volatility on electricity demand: the case of Turkey," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 7(3), pages 371-388, December.
    2. Ivana Rogulj & Saša Žiković & Stavros Spyridakos, 2025. "Exploring the Determinants of Energy Vulnerability in Micro-Enterprises: Insights from the Croatian Case Study," Sustainability, MDPI, vol. 17(13), pages 1-21, June.
    3. Radu Herman & Cornelia Nistor & Nicolae Marius Jula, 2023. "The Influence of the Increase in Energy Prices on the Profitability of Companies in the European Union," Sustainability, MDPI, vol. 15(21), pages 1-16, October.

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