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The conventional wisdom that inflation expectations respond to the level of the price of oil (or the price of gasoline … support for the conventional wisdom. Using a new structural vector regression model, however, we demonstrate that gasoline … explained by a large increase in gasoline prices. However, on average, gasoline price shocks account for only 39% of the …
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Price Fixing Act on gasoline and diesel price levels. Using the synthetic control method, we construct a counterfactual and … Price Fixing Act came into effect, gasoline prices are 23.4% lower than the synthetic control predicts. The effect on diesel … effective in terms of gasoline prices but may need further refinements to effectively tackle diesel prices as well. …
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Facing a fiscal crisis, the Islamic Republic of Iran decided to increase gasoline prices at the end of 2019. This paper …. Despite very regressive gasoline subsidies benefitting the rich the most, the increase in gasoline prices is found to affect …
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whether there exists any correlation among the trajectories followed by national prices in the gasoline and diesel markets … markets have a more pronounced pattern of price co-movements compared to the gasoline markets. Moreover, the application of …
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