Most of the literature on retail fuel markets find high-frequency and asymmetric price cycles. This is typically … explained by the model of Edgeworth price cycles. A key element of this model is that prices fall to marginal costs during a …

Some gasoline markets exhibit remarkable price cycles, where price spikes are followed by a string of small price … declines until the next price spike. This pattern is predicted from a model of competition driven by Edgeworth cycles, as … controls for city fixed effects. Consistent with the theory, and often in contrast with previous empirical work, we find that …

Some gasoline markets exhibit remarkable price cycles, where price spikes are followed by a string of small price … declines until the next price spike. This pattern is predicted from a model of competition driven by Edgeworth cycles, as … controls for city fixed effects. Consistent with the theory, and often in contrast with previous empirical work, we find that …

The objective of this paper is to analyse the welfare effects of food price volatility on Cameroonian consumers. Using … data from the third Cameroonian Household Consumption Surveys, the price elasticities are obtained from a Quadratic Almost … Ideal Demand System model. Price elasticities are then used to evaluate the distributional impacts of food price changes in …