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Ecology of the Greater Sage-Grouse (Centrocercus urophasianus) in the coal mining landscape of Wyoming's Powder River Basin

Dates

Year
2004

Citation

Brown, K.G., and Clayton, K.M., 2004, Ecology of the Greater Sage-Grouse (Centrocercus urophasianus) in the coal mining landscape of Wyoming's Powder River Basin: Thunderbird Wildlife Counsulting, Inc., 29 p.

Summary

Models that treat innovations to the price of energy as predetermined with respect to U.S. macroeconomic aggregates are widely used in the literature. For example, it is common to order energy prices first in recursively identified VAR models of the transmission of energy price shocks. Because exactly identifying assumptions are inherently untestable, this approach in practice has required an act of faith in the empirical plausibility of the delay restriction used for identification. An alternative view that would invalidate such models is that energy prices respond instantaneously to macroeconomic news, implying that energy prices should be ordered last in recursively identified VAR models. In this paper, we propose a formal test [...]

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  • Western Energy Citation Clearinghouse

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Type Scheme Key
DOI WECC []

WECC Extension

places
nameGillette, WY
typePublication City

Citation Extension

citationTypeReport
parts
typePages
value29

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