We analyze the effectiveness of the German tax reduction on fuel prices ('Tankrabatt') that was introduced for three … months, starting on 1 June 2022. Using the synthetic control method to compare actual prices of gasoline and diesel to those … in a counterfactual situation without the tax reduction, we find that the tax reduction has been completely passed on to …

Price Fixing Act on gasoline and diesel price levels. Using the synthetic control method, we construct a counterfactual and … Price Fixing Act came into effect, gasoline prices are 23.4% lower than the synthetic control predicts. The effect on diesel … effective in terms of gasoline prices but may need further refinements to effectively tackle diesel prices as well. …

recent policy debate about the impact of gasoline tax holidays on consumers’ discretionary income, about the demand …We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … across U.S. states in the pass-through of oil price shocks to retail gasoline prices. We show that these differences are …

-best level, or for a tax delivering the first-best environmental protection level. Despite its under-provision of environmental … protection, the standard dominates the tax from a welfare perspective due to its higher productive efficiency, i.e., a smaller … gap between the environmental qualities of the two goods supplied. In stark contrast, voters unanimously prefer a tax to a …

An individual’s initial experiences with a common good, such as gasoline, can shape their behavior for decades. We … incomes and those in cities. Combining data on many cohorts, we then show that large increases in gasoline prices between the …