to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …

We estimate the effect of gasoline prices on short-run equilibrium prices and sales of new and used cars of different … fuel economies. We find that gasoline prices have larger effects on the prices of used cars than of new cars, but that they … environmental tax on gasoline, and to investigate whether consumers are myopic about future gasoline costs when they buy cars. …