markets have a more pronounced pattern of price co-movements compared to the gasoline markets. Moreover, the application of … whether there exists any correlation among the trajectories followed by national prices in the gasoline and diesel markets …, certain conditions are met to ensure the smooth functioning of a common currency. The fuel price synchronization is essential …

The conventional wisdom that inflation expectations respond to the level of the price of oil (or the price of gasoline … explained by a large increase in gasoline prices. However, on average, gasoline price shocks account for only 39% of the … support for the conventional wisdom. Using a new structural vector regression model, however, we demonstrate that gasoline …

The conventional wisdom that inflation expectations respond to the level of the price of oil (or the price of gasoline … explained by a large increase in gasoline prices. However, on average, gasoline price shocks account for only 39% of the … support for the conventional wisdom. Using a new structural vector regression model, however, we demonstrate that gasoline …