The conventional wisdom that inflation expectations respond to the level of the price of oil (or the price of gasoline … price shocks may indeed drive one-year household inflation expectations. The model shows that there have been several such … episodes since 1990. In particular, the rise in household inflation expectations between 2009 and 2013 is almost entirely …

The conventional wisdom that inflation expectations respond to the level of the price of oil (or the price of gasoline … price shocks may indeed drive one-year household inflation expectations. The model shows that there have been several such … episodes since 1990. In particular, the rise in household inflation expectations between 2009 and 2013 is almost entirely …

The conventional wisdom that inflation expectations respond to the level of the price of oil (or the price of gasoline … price shocks may indeed drive one-year household inflation expectations. The model shows that there have been several such … episodes since 1990. In particular, the rise in household inflation expectations between 2009 and 2013 is almost entirely …

The conventional wisdom that inflation expectations respond to the level of the price of oil (or the price of gasoline … price shocks may indeed drive one-year household inflation expectations. The model shows that there have been several such … episodes since 1990. In particular, the rise in household inflation expectations between 2009 and 2013 is almost entirely …

inflation and rising inflation expectations for years to come. We show that these concerns have been overstated. A $100 oil … expectations under the scenario. The peak response of the 1-year household inflation expectation would be 1.2 percentage points … scenario of the type discussed by many observers, would only briefly raise monthly headline inflation, before fading rather …

inflation and rising inflation expectations for years to come. We show that these concerns have been overstated. A $100 oil … expectations under the scenario. The peak response of the 1-year household inflation expectation would be 1.2 percentage points … scenario of the type discussed by many observers, would only briefly raise monthly headline inflation, before fading rather …

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 M-shape as predicted by a menu-cost model. Using a reduced form state …

price (LOP) over the first few months of 2015. The main factors of phenomenon are the rigidity of Russia's domestic gasoline … prices, infrastructural or regulatory trade constraints, and possible changes in the Russian gasoline export price structure …Russian domestic ruble retail and wholesale gasoline prices have stayed below the level predicted by the law of one …