Browsing Working Papers by Author "Goolsbee, Austan Dean"

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    • Fuel costs and the retirement of capital goods 

      Goolsbee, Austan Dean (MIT Center for Energy and Environmental Policy Research, 1993)
      This paper explores the effect that energy prices and market conditions have on the retirement rates of capital goods using new micro data on aircraft lifetimes and fuel costs. The oil shocks of the 1970s made fuel intensive ...