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This paper examines which petroleum prices best explain changes in gasoline and diesel prices during three distinct …
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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...
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This paper examines the relationship between spot and futures prices for energy commodities (crude oil, gasoline …
Persistent link: https://www.econbiz.de/10012752621
This paper examines the impact of oil supply and demand shocks on gasoline prices and consumer sentiment in the Euro … shocks to real gasoline prices. On the contrary, positive oil-specific demand shocks do not trigger a deterioration of … consumer sentiment. In other words, consumer sentiment is affected primarily by unexpected changes in gasoline prices at the …
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Increases in world oil prices since 2004 have challenged consumers and oil-importing countries across the world. Oil prices temporarily fell sharply in 2009, only to triple three years later. The oil import share of gross domestic product rose by nearly half among net oil importers in just two...
Persistent link: https://www.econbiz.de/10012560561
This paper examines the relationship between spot and futures prices for energy commodities (crude oil, gasoline …
Persistent link: https://www.econbiz.de/10012467654
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