Preliminary Analysis of the Gasoline Price Increases ...
Author: United States. Congress. Senate. Committee on Banking and Currency
Publisher:
Published: 1949
Total Pages: 12
ISBN-13:
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Author: United States. Congress. Senate. Committee on Banking and Currency
Publisher:
Published: 1949
Total Pages: 12
ISBN-13:
DOWNLOAD EBOOKAuthor: United States General Accounting of Gao
Publisher: Independently Published
Published: 2019-03-18
Total Pages: 50
ISBN-13: 9781090735126
DOWNLOAD EBOOKNatural Gas Price Increases: A Preliminary Analysis
Author: United States. General Accounting Office
Publisher:
Published: 1982
Total Pages: 34
ISBN-13:
DOWNLOAD EBOOKAuthor: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
Published: 2021-11-12
Total Pages: 34
ISBN-13: 1616356154
DOWNLOAD EBOOKThis paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Author: Mr.Kangni R Kpodar
Publisher: International Monetary Fund
Published: 2017-01-18
Total Pages: 32
ISBN-13: 1475567774
DOWNLOAD EBOOKThis paper assesses the dynamic pass-through of crude oil price shocks to retail fuel prices using a novel database on monthly retail fuel prices for 162 countries. The impulse response functions suggest that on average, a one cent increase in crude oil prices per liter translates into a 1.2 cent increase in the retail gasoline price at peak level six months after the shock. However, the estimates vary significantly across country groups, ranging from about 0.5 cent in MENA countries to two cents in advanced economies. The results also show that positive oil price shocks have a larger impact than negative price shocks on the retail gasoline price. Finally, the paper underscores the importance of the new dataset in refining estimates of the fiscal cost of incomplete pass-through.
Author: Martin Lobel
Publisher:
Published: 1971
Total Pages: 108
ISBN-13:
DOWNLOAD EBOOKPrepared for the use of the Joint Economic Committee, Congress of the United States.
Author: United States. Federal Energy Administration. Office of Regulatory Programs
Publisher:
Published: 1977
Total Pages: 218
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Federal Energy Administration. Office of Regulatory Programs
Publisher:
Published: 1977
Total Pages: 210
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. Senate. Committee on Banking and Currency
Publisher:
Published: 1949
Total Pages: 146
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. Senate. Committee on Banking and Currency
Publisher:
Published: 1949
Total Pages: 150
ISBN-13:
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