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supply and gasoline demand shocks, the price of gasoline is endogenously determined through a transportation sector that uses …The effects of gasoline prices on the U.S. business cycles are investigated. In order to distinguish between gasoline … gasoline as an input of production. The model is estimated for the U.S. economy using five macroeconomic time series, including …
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This article provides an overview of the burgeoning academic literature on price dynamics and price cycles in retail … petrol markets. I first present evidence of petrol price cycles, and studies that describe what types of petrol markets tend … to exhibit price cycles. I further discuss empirical investigations of firms' pricing strategies in cycling markets. In …
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