establishments, with price elasticities similar to those found in the US. In addition, higher coal prices are associated with lower …

Understanding how consumers respond to price increases is key when designing price-related policies. Using microdata on …, fuel efficiency, and search. On average, consumers mitigate 38 percent of a price increase through these channels. Reducing … distance driven is the primary channel of mitigation. Increased search efforts mitigate up to 11 percent of a price increase …

-2020, we find for manufacturing establishments a gas price elasticity of labor demand of -0.02, likely reflecting a scale … effect. We also show that a rise in the gas price leads to an increase in establishment closure. A negative impact of the gas … price on wages of 2 percent is consistent with rent-sharing. …

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 … car markets. We find that a $1 increase in gasoline price changes the market shares of the most and least fuel …