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fringe gasoline stations? Using 2014 Market Transparency price data from 66 cities with populations between 60,000 and 100 …Do we have effective competition between the gasoline's big five oligopolists (Aral, Shell, Esso, Total and Jet) and …,000, we analyze which brands lead price increases, the first average price mark-up in the evening, and the trend on price …
Persistent link: https://www.econbiz.de/10011487769
gasoline stations had increased prices before the tax reduction. Such a price increase would have made it easier for gasoline …In this article, I analyze whether German gasoline stations passed on the gasoline tax reduction to consumers. I use a … stations to disguise a price increase. Further questions follow: How long did it take for the full tax reduction to be passed …
Persistent link: https://www.econbiz.de/10014250745
periods characterized by sustainable linear trends in the difference between the headline consumer price index (CPI) and the … the evolution of motor fuel price (a subcategory of the consumer price index of transportation) relative to the core CPI … as a linear function of time. Under our framework, all price deviations from this linear trend are transient and the …
Persistent link: https://www.econbiz.de/10013027558
Notwithstanding a resurgence in research on out-of-sample forecasts of the price of oil in recent years, there is one … important approach to forecasting the real price of oil which has not been studied systematically to date. This approach is … based on the premise that demand for crude oil derives from the demand for refined products such as gasoline or heating oil …
Persistent link: https://www.econbiz.de/10009781115
This paper investigates the inflation effects of oil price expectations shocks constructed as functional shocks, i … concerning the impact of oil price expectations on inflation and inflation expectations. … out to investigate second-round effects on inflation through the inflation expectations channel. These are found to be …
Persistent link: https://www.econbiz.de/10014496462
Persistent link: https://www.econbiz.de/10011286603
Countries differ considerably in terms of the price drivers pay for gasoline. This paper uses data for 132 countries … price as instruments for a country's average gasoline pump price. We obtain estimates of the long-run price elasticity of ….2. Despite the small size of our elasticity estimates, there is considerable scope for low-price countries to achieve gasoline …
Persistent link: https://www.econbiz.de/10014159204
subsidies), we show that a negative oil price shock contracts aggregate GDP, boosts non-oil GDP, increases headline inflation … contractionary effect of a negative oil price shock on aggregate GDP is moderated, headline inflation decreases, while the exchange …This paper studies the macroeconomic implications of oil price shocks and the extant fuel subsidy regime for Nigeria …
Persistent link: https://www.econbiz.de/10012178166
We examine the relative ability of simple inflation targeting (IT) and price level targeting (PLT) monetary policy … rules to minimize both inflation variability and business cycle fluctuations in Canada for shocks that have important … persistent cost-push pressures in the economy leading to a significant deterioration in the inflation - output gap trade …
Persistent link: https://www.econbiz.de/10009546871
Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and … soaring food and energy prices, especially since the Russian Federation's invasion of Ukraine. Markets expect inflation to … developments, the risk of stagflation-a combination of high inflation and sluggish growth-has risen. The recovery from the …
Persistent link: https://www.econbiz.de/10013256317