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

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

The conventional wisdom that inflation expectations respond to the level of the price of oil (or the price of gasoline … support for the conventional wisdom. Using a new structural vector regression model, however, we demonstrate that gasoline … explained by a large increase in gasoline prices. However, on average, gasoline price shocks account for only 39% of the …

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 …

price regulations. Consumers demand stricter fuel price regulations to provide transparency about the current price level … 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 …

Least-squares estimates of the response of gasoline consumption to a change in the gasoline price are biased toward … zero, given the endogeneity of gasoline prices. A seemingly natural solution to this problem is to instrument for gasoline … prices using gasoline taxes, but this approach tends to yield implausibly large price elasticities. We demonstrate that …

product-level tariff pass-through and show that a higher ratio of import demand elasticity over export supply elasticity leads …

rebates in France as quasi-natural experiments to infer the price sensitivity of fuel demand. Based on granular individual … an average price elasticity of -0.31. It varies little with respect to income and location but substantially decreases …

evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of …This paper develops a pseudo-panel approach to examine household electricity demand behaviour through the household …