#1987-009A "The U. S. Monetary Policy Regime, Interest Differentials and Dollar Exchange Rate Risk Premia"
by Michael T. Belongia, and Mack Ott


It is commonly believed that the Federal Reserve targeted money growth directly and allowed greater variation in interest rates during the October 1979-October 1982 period. Other things the same, this policy regime would be expected to increase the risk premium on the dollar exchange rate relative to a regime that attempted to reduce variations in the interest rate. More...

PUBLISHED: Journal of International Money and Finance, March 1989, 8(1), pp. 137-45

#1985-014A "Risk Aversion, Risk Sharing, and Joint Bidding: A Study of Outer Continental Shelf Petroleum Auctions"
by Steven W. Millsaps, and Mack Ott


The bidding decision by firms in OCS petroleum auctions is modeled as an application of the Arrow-Pratt theory of risk aversion. This theory is apt since OCS leases are innately risky investments: during 1954-1969, 77percent of the Gulf of Mexico leases were unprofitable, while the average bonus (price) was ,228,000. More...

PUBLISHED: Land Economics, November 1985, 61(4), pp. 372-86

#1984-014A "Are Energy Prices Cyclical?"
by Mack Ott, and John A. Tatom


No abstract provided. More...

PUBLISHED: Energy Economics, October 1986, 8(4), pp. 227-36

#1984-004A "Some International Evidence of Output Stability Under Floating Exchange Rates"
by Dallas S. Batten, and Mack Ott


No abstract provided. More...

#1982-006B "The Interrelationship of Monetary Policies Under Floating Exchange Rates"
by Dallas S. Batten, and Mack Ott

Revised 1982

No abstract provided More...

PUBLISHED: Journal of Money, Credit, and Banking, February 1985, 17(1), pp. 103-10