unconventional, puzzling or erroneous conclusions. Finally, we discuss the construction of extraneous measures of oil demand and oil …

This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand … conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …

response to an aggregate oil price shock. Time-varying estimates do not support the view that the gasoline demand elasticity …We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … rose to about -0.2 in 2015-16, but has remained stable since 2016. Gasoline demand is more responsive in states with lower …

. Over the period 1996-2019, faced with an idiosyncratic energy price increase, firms reduce their energy demand, improve … pass-through the cost shock fully on their export prices. Their production, exports and employment fall. A consequence of …

countrywide gun demand shock starting in late 2012, we show that U.S. states with legislation preventing immediate handgun …

framework and firm-level prices and quantities data for detailed products allowing us to both measure demand, and its changes …. This in turn allows us to measure how changes in TFP-Q, demand and markups ultimately affected revenue TFP, as well as …-recession is due to both a weakening of demand and a decreasing TFP-Q pushing down sales, markups, revenue TFP and labour …