“The Stone Age did not end because the world ran out of stones, and the Oil Age will not end because we run out of oil,” the legendary Minister of Petroleum and Mineral Resources of Saudi Arabia Ahmed Zaki Yamani once said. Indeed, it is highly unlikely that we will run out of oil and we should not expect it. Then why should we reduce our consumption of inexhaustible non-renewable resources? NES Professor
The confidence revolution has dramatically improved the quality of economic and political decisions. Hypotheses and theories can now be supported or refuted by data. In a column for GURU, Assistant Professor of Economics at NES Gerhard Toews talks about…
22nd Annual NOITS Conference was held from 19 to 20 May 2022 in Stavanger, Norway. NES Professor Gerhard Toews presented the paper “I’ll pay you later: Relational Contracts in the Oil Industry” co-authored with Elena Paltseva (Stockholm School of Economics) and Marta Troya-Martinez (New Economic School and CEPR).
This paper about that contracts between governments and international firms are difficult…
The American Economic Association has announced its list of the 2022 American Economic Journal Best Paper Awards. The papers are selected in four fields: Applied Economics, Economic Policy, Macroeconomics and Microeconomics.
The Guru website publishes commentaries of the NES professors to selected papers from the list. You can read the commentary by Professor Gerhard Toews to the winning paper in economic…
Working at NES – what does this mean to a foreign professor? Gerhard Toews and Michele Valsecchi discuss in the interview to GURU portal the advantages of being here, describe the difference they see between NES students…
The Economist: "How regions near Stalin's gulag benefit today from his victims." Gerhard Toew's research
VoxEU: "Enemies of the people." Article by Gerhard Toews
"Economics Out Loud" - is a series of podcasts by the New Economic School. The project features NES professors discussing the most important economic, social, and political issues of the day worldwide. The conversations are followed by insights from financial executives, entrepreneurs and government officials.
The podcast is available on digital platforms Apple…