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Price Fixing Act on gasoline and diesel price levels. Using the synthetic control method, we construct a counterfactual and … Price Fixing Act came into effect, gasoline prices are 23.4% lower than the synthetic control predicts. The effect on diesel … effective in terms of gasoline prices but may need further refinements to effectively tackle diesel prices as well. …
Persistent link: https://www.econbiz.de/10012415508
Persistent link: https://www.econbiz.de/10012820078
After controversial public debates, fuel price regulations were implemented in Austria prohibiting fuel retailers from raising their prices more than once per day. This paper investigates whether these policy measures affected the price transmission dynamics from crude oil prices to retail fuel...
Persistent link: https://www.econbiz.de/10011842139
months, starting on 1 June 2022. Using the synthetic control method to compare actual prices of gasoline and diesel to those …
Persistent link: https://www.econbiz.de/10013380895
Persistent link: https://www.econbiz.de/10012263153
In this paper, we revisit the unsettled discussion of whether retail fuel oil prices respond asymmetrically to oil price shocks. Using a novel micro approach that considers each price spell separately; we find evidence of pass-through asymmetry in the fuel oil market in Turkey. With our approach...
Persistent link: https://www.econbiz.de/10010941459
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...
Persistent link: https://www.econbiz.de/10013106567
The pricing mechanism in the gasoline market has often been the subject of public debate in Greece during the crisis … market is by testing for asymmetries in the adjustment of domestic gasoline prices to world oil price changes. The present … paper has two aims: (a) The first is to investigate the existence of asymmetric adjustment of gasoline prices to oil price …
Persistent link: https://www.econbiz.de/10012844006
To increase competition in the retail market for gasoline, Germany's Federal Cartel Office established the so …
Persistent link: https://www.econbiz.de/10012155116
The pricing mechanism in the gasoline market has often been the subject of public debate inGreece during the crisis … is by testing for asymmetries in the adjustment of domestic gasoline prices to worldoil price changes. The present paper … has two aims: (a) The first is to investigate the existenceof asymmetric adjustment of gasoline prices to oil price …
Persistent link: https://www.econbiz.de/10014078076