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-such as East or West Germany-, wholesale and starting prices. Descriptive results show the typical patterns. Aral (or Shell …
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We study a novel trade-off in market transparency regulation by estimating a structural model of the German retail gasoline market. Transparent environments enable easy price comparisons and match findings. Restricting transparency such that only the cheapest offers are shown induces firms to...
Persistent link: https://www.econbiz.de/10012268956
Kraftstoffpreise in Deutschland zeigt sich, dass es sich für den anstehen Urlaub in Deutschland empfiehlt, im Westen zu tanken. Die … will be about 22 per cent cheaper across Germany in mid-June 2023 than it was last year. The difference is smaller for … Super E5, but here too the litre costs almost 7.5 per cent less than in 2022. A stocktaking of fuel prices in Germany shows …
Persistent link: https://www.econbiz.de/10014299457
This paper studies equilibrium selection in the retail gasoline industry. We exploit a unique dataset that contains the universe of station-level prices for an urban market for 15 years, and that encompasses a coordinated equilibrium transition mid-sample. We uncover a gradual, three-year...
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This paper analyzes adjustments in the Dutch retail gasoline prices. We estimate an error correction model on changes in the daily retail price for gasoline (taxes excluded) for the period 1996-2004 taking care of volatility clustering by estimating an EGARCH model. It turns out the volatility...
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