In April 2009, we introduced a model representing the evolution of motor fuel price (a subcategory of the consumer … price index of transportation) relative to the overall CPI as a linear function of time. Under our framework, all price … deviations from the linear trend are transient and the price must promptly return to the trend. Specifically, the model predicted …

periods characterized by sustainable linear trends in the difference between the headline consumer price index (CPI) and the … core CPI in the USA. Then we revealed similar behavior in the differences between the CPI and indices of various consumer … the evolution of motor fuel price (a subcategory of the consumer price index of transportation) relative to the core CPI …

, illustrate that such unusual properties do not stand in the way of applying price-cap incentive mechanisms to real …

regulator can force the firm to sell the following forward contracts: the firm pays the downstream price to the owners of a …

I estimate short and long-run price elasticities of U.S. natural gas supply and demand. For robustness, the estimates … numbers themselves, there are two main conclusions. As expected, U.S. price elasticities of natural gas supply are higher in … both the short and long-run when the e�ffects of shale are included in the sample (post-2007). The calculated price …