electoral price cycles in gasoline markets. …This paper develops a model of political regulation in which politicians set the regulated price in order to maximize … model, yielding an equilibrium in which the real price in a regulated industry may fall in periods immediately preceding an …

Gasoline and diesel fuel are heavily taxed in many developed and some emerging and developing countries. Outside of the … estimating motor vehicle externalities, and hence corrective taxes on gasoline and diesel, based on pooling local data with …

This paper examines the impact of the 2003-05 oil price increase on the balance of payments positions and IMF financing … inflows helped low-income countries cope with the oil price shock. Preliminary data suggest that reductions in oil import … demand for IMF assistance may reflect broader trends, but further oil price increases could put pressure on additional …

prices in Mali. The results show that, although rising gasoline and diesel prices affect mainly nonpoor households, rising … disproportionately from oil price subsidies. This suggests that a petroleum price subsidy is an ineffective mechanism for protecting the …

international prices. Governments in most developing and transition countries engage in petroleum price smoothing, as the survey of … country practice carried out for this paper shows. This paper reviews the potential welfare implications of petroleum price … volatility, and assesses different price smoothing rules on the basis of historical oil prices. These simulations reveal the …