New research on price pass-through in U.S. retail gasoline markets indicates that regional differences in the response of gasoline prices to crude oil price changes exist in both the short and long run. That finding appears in a 2017 study by the Turner College’s Sarah Turner Butler Distinguished University Chair of Business and Finance Ben Blair and colleagues Randall Campbell of Mississippi State University and Phillip Mixon of Troy University. The study, which is published in Energy Economics, finds that, depending on the region, a $1 per barrel change in crude oil prices is correlated with a change in retail gasoline pump prices somewhere between 2.36¢ and 2.58¢. Additionally, Blair and his colleagues find that statistical differences in the speed of adjustment of U.S. retail gasoline prices between regions disappear after two weeks, and that retail gasoline prices in most regions adjust faster to crude oil price increases than for price decreases.
The long-awaited journal review being conducted by the Australian Business Deans Council (ABDC) has been released and there are a number of news items that relate to faculty in the Turner College. One of these is the ABDC's decision to now include Compensation and Benefits Review in its journal rankings. This is big news for the Turner College as its editor, Phil Bryant , is a professor of management in the Turner College. The ABDC is proposing that the journal enter its system for the first time as a C-rated journal. Acting Turner College Dean Tesa Leonce sits on the journal's editorial board, while Turner College management professor Mark James has guest-edited an issue of the journal. Published by SAGE, Compensation & Benefits Review is the leading journal for senior executives and professionals who design, implement, evaluate and communicate compensation and benefits policies and programs. The journal supports compensation and benefits specialists and academic ex...

Comments
Post a Comment