Using millions of individual gasoline prices collected at a daily frequency, we examine the speed at which market refined oil prices are transmitted to consumer liquid fuel prices. We find that on average gasoline prices are modified once a week and the distribution of price changes displays a...

Using millions of individual gasoline prices collected at a daily frequency, we examine the speed at which market refined oil prices are transmitted to consumer liquid fuel prices. We find that on average gasoline prices are modified once a week and the distribution of price changes displays a...

Throughout this paper, we reviewed the most popular thermal comfort models and methods of assessing thermal comfort in buildings and vehicular spaces. Most of them are limited to specific steady state, thermally homogenous environments and only a few of them address human responses to both...

The paper studies the banks ratings models developed by using publicly available financial indicators. Models for Moody’s ratings of long-term deposits in foreign currency are constructed. The database includes banks financial data of emerging markets and the European Union. Additionally,...

The 1990s have witnessed a revival in economists' interest and hope of explaining aggregate and microeconomic investment behavior. New theories, better econometric procedures, and more detailed panel data sets are behind this movement. Much of the progress has occurred at the level of...