consumers, across ethanol and gasoline at the pump. We show that the model stands up well to the empirical covariation in prices … the retail price of ethanol to that of gasoline. Of relevance to the current food-versus-fuel" debate, the outward shift … of the ethanol demand curve, at price levels where traditional gasoline consumers arbitrage, may lead to higher sugar …

This paper summarizes the main findings of the results in the literature on the role of ethanol in reducing retail … gasoline prices in the United States. We provide a comprehensive overview of the key results and methodologies used to obtain … identifes the main directions of the corn-ethanol focused biofuels literature through the analysis of predominant clusters. The …

more influenced by past volatility rather than by the previous day shocks. …

We reinvestigate the "rockets and feathers" effect between retail gasoline and crude oil prices in a new framework of … complicated time series characteristics. On the dataset of seven national gasoline prices, we find no statistically significant … asymmetry. The proposed methodology is not limited to the gasoline and crude oil case but it can be utilized for any asymmetric …

estimate the market's expectations of the prices of ethanol, unfinished motor gasoline and crude oil at horizons from three …It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in …) is likely to have increased ethanol price expectations by as much $1.45 in the year before and in the year after the …

estimate the market’s expectations of the prices of ethanol, unfinished motor gasoline and crude oil at horizons from three …It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in …) is likely to have increased ethanol price expectations by as much $1.45 in the year before and in the year after the …

the price of crude oil to the price of gasoline is asymmetric. Although there have been many contributions documenting … forecasting performance of econometric models incorporating asymmetric price transmission from crude oil to gasoline. In this …, while the ECM implies symmetric price transmission from crude oil to gasoline. We quantify the forecast accuracy gains due …