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different fuel economies change in response to shocks to the price of gasoline, we estimate the relationship between vehicle …, and therefore different remaining lifetimes. By seeing how price differences across high and low mileage vehicles of …
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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 …
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This paper empirically studies how consumers respond to retail gasoline price cycles. Our analysis uses new station … traffic from gasoline price reporting websites. We first document how stations use coordinated pricing strategies that give … rise to large daily changes in price levels and dispersion in cycling gasoline markets. We then show consumer …
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gasoline stations had increased prices before the tax reduction. Such a price increase would have made it easier for gasoline …In this article, I analyze whether German gasoline stations passed on the gasoline tax reduction to consumers. I use a … stations to disguise a price increase. Further questions follow: How long did it take for the full tax reduction to be passed …
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