Did the 1973 and 1979 gasoline price rises change consumer views about the relative quality of different cars? This … effect of gasoline price increases but also for the effects of changes in other prices and income, we develop two alternative … fraction of the coefficient change that did occur during this period can be attributed to the gasoline price increase alone …

expensive for consumers to operate an automobile. In this paper we investigate whether consumers have adjusted to gasoline price … car markets. We find that a $1 increase in gasoline price changes the market shares of the most and least fuel …-efficient quartiles of new cars by +20% and -24%, respectively. In contrast, the same gasoline price increase changes the market shares of …

to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …

Some gasoline markets exhibit remarkable price cycles, where price spikes are followed by a string of small price … declines until the next price spike. This pattern is predicted from a model of competition driven by Edgeworth cycles, as … independent retailers that have convenience stores are more likely to cycle. We also find that the average gasoline prices are …

effect of gasoline prices on grocery expenditures. Using detailed scanner data from a large grocery chain as well as data …-consumption categories in order to offset necessary increases in gasoline expenditures when gasoline prices rise. We show that gasoline … expenditures rise one-for-one with gasoline prices, consumers substitute away from food-away-from-home and towards groceries in …

subsequent reinstatement, of the 5% gasoline sales tax in Illinois and Indiana following a temporary price spike in the spring of …

The menu-cost interpretation of sticky prices implies that the probability of a price change should depend on the past … history of prices and fundamentals only through the gap between the current price and the frictionless price. We find that … this prediction is broadly consistent with the behavior of 9 Philadelphia gasoline wholesalers. We nevertheless reject the …

different fuel economies change in response to shocks to the price of gasoline, we estimate the relationship between vehicle …, and therefore different remaining lifetimes. By seeing how price differences across high and low mileage vehicles of …