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This paper investigates the presence of odometer fraud in the used-car market using a unique dataset of 250,000 car-sale ads from the Czech Republic. Alternative identification techniques are discussed. However, selection into the market as well as the practice of rounding odometer readings —...
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This paper investigates the presence of odometer fraud in the used car market using a large dataset of car sale advertisements from the Czech Republic. The strategic aspects of sale decisions and the practice of rounding odometer readings, however, render the standard statistical tests for...
Persistent link: https://www.econbiz.de/10012950527
The dramatic increase in gasoline prices from close to $1 in 1999 to $4 at their peak in 2008 made it much more expensive for consumers to operate an automobile. In this paper we investigate whether consumers have adjusted to gasoline price changes by altering what automobiles they purchase and...
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