It is often asserted that consumers undervalue future gasoline costs relative to purchase prices when they choose … time series variation in gasoline price forecasts. We then test the model using a detailed dataset based on 86 million … document how endogenous market shares and utilization, measurement error, and different gasoline price forecasts can affect the …

Analyses of policies to reduce gasoline consumption have focused on two effects, a compositional effect on the fuel …

different fuel economies change in response to shocks to the price of gasoline, we estimate the relationship between vehicle …

Daily city-level expenditures and prices are used to estimate the price responsiveness of gasoline demand in the U ….S. Using a frequency of purchase model that explicitly acknowledges the distinction between gasoline demand and gasoline …

What are the implications of gasoline price volatility for the design of fuel economy policies? I show that this … of gasoline. When the regulator is constrained to use a fixed standard, I show that the usual approach to setting the … bind if the realized gasoline price is sufficiently high. Instead, the optimal fixed standard will be relatively relaxed …

Many consumers are keenly aware of gasoline prices, and consumer responses to gasoline prices have been well studied …. In this paper, by contrast, we investigate how gasoline prices affect the automobile industry: manufacturers and … dealerships. We estimate how changes in gasoline prices affect equilibrium prices and sales of both new and used vehicles of …

affected prices for refined products, focusing on the markets for motor gasoline and diesel. We find that the relative decrease … in Midwest crude oil prices did not pass through to wholesale gasoline and diesel prices. This result is consistent with … controversial Keystone XL pipeline, will not raise gasoline prices in the Midwest …