Kitov, Ivan; Kitov, Oleg - Volkswirtschaftliche Fakultät, … - 2010
In April 2009, we introduced a model representing the evolution of motor fuel price (a subcategory of the consumer … price index of transportation) relative to the overall CPI as a linear function of time. Under our framework, all price … deviations from the linear trend are transient and the price must promptly return to the trend. Specifically, the model predicted …