The Distributional Implications of the Impact of Fuel Price Increases on Inflation

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1616356154
Total Pages : 34 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar

Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.

Report on the Price of Gasoline in 1915

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Author :
Publisher :
ISBN 13 :
Total Pages : 276 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Report on the Price of Gasoline in 1915 by : United States. Federal Trade Commission

Download or read book Report on the Price of Gasoline in 1915 written by United States. Federal Trade Commission and published by . This book was released on 1917 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding Gasoline Price Dispersion

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (957 download)

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Book Synopsis Understanding Gasoline Price Dispersion by : Demet Yilmazkuday

Download or read book Understanding Gasoline Price Dispersion written by Demet Yilmazkuday and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Gasoline Prices

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Author :
Publisher : DIANE Publishing
ISBN 13 : 1422332896
Total Pages : 156 pages
Book Rating : 4.4/5 (223 download)

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Book Synopsis Gasoline Prices by :

Download or read book Gasoline Prices written by and published by DIANE Publishing. This book was released on with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Motor Fuels

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Author :
Publisher : DIANE Publishing
ISBN 13 : 9781422300527
Total Pages : 62 pages
Book Rating : 4.3/5 (5 download)

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Book Synopsis Motor Fuels by :

Download or read book Motor Fuels written by and published by DIANE Publishing. This book was released on 2005-09 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This primer will help improve public understanding of the major factors that influence the U.S. price of gasoline & the challenges facing the U.S. on issues related to gasoline supply, demand, & prices. This primer presents information on the factors that influence the price of gasoline &, to the extent possible, why those factors have developed. Specifically, it explains how gasoline is made & distributed, what consumers pay for in a gallon of gasoline, why gasoline prices change over time, & why gasoline prices vary from place to place. The information is presented in a question-&-answer format & is written for a nontechnical audience. Charts, tables & graphs.

Preliminary Analysis of the Gasoline Price Increases ...

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Author :
Publisher :
ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Preliminary Analysis of the Gasoline Price Increases ... by : United States. Congress. Senate. Committee on Banking and Currency

Download or read book Preliminary Analysis of the Gasoline Price Increases ... written by United States. Congress. Senate. Committee on Banking and Currency and published by . This book was released on 1949 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding Gasoline Prices

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (961 download)

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Book Synopsis Understanding Gasoline Prices by :

Download or read book Understanding Gasoline Prices written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Canadian oil industry often faces criticism from consumers and the media with respect to gasoline prices. Consumer frustration over frequent changes in pump prices is exacerbated by the fact that gasoline is the only commodity in our society where consumers can do their comparison shopping from the comfort of their automobile. This paper will examine the factors that influence gasoline prices in Canada. It will begin with an in depth look at each of the pump price components and discuss the factors that influence them. The paper will conclude with an examination of how some of the key factors, such as crude oil prices and exchange rates, have shaped gasoline prices over the past few years.

Gasoline price changes the dynamic of supply, demand, and competition.

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Author :
Publisher : DIANE Publishing
ISBN 13 : 1428950044
Total Pages : 166 pages
Book Rating : 4.4/5 (289 download)

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Book Synopsis Gasoline price changes the dynamic of supply, demand, and competition. by :

Download or read book Gasoline price changes the dynamic of supply, demand, and competition. written by and published by DIANE Publishing. This book was released on 2005 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Foundations of Natural Gas Price Formation

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Author :
Publisher : Anthem Press
ISBN 13 : 178527340X
Total Pages : 167 pages
Book Rating : 4.7/5 (852 download)

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Book Synopsis Foundations of Natural Gas Price Formation by : Sergei Komlev

Download or read book Foundations of Natural Gas Price Formation written by Sergei Komlev and published by Anthem Press. This book was released on 2020-09-25 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘Foundations of Natural Gas Price Formation’ examines the fundamentals of natural gas price formation and the five principal features that make it unique in the world of commodities. It presents a model of hybrid gas pricing developed by Sergei Komlev from his detailed analysis of the interlinked impact of these features that is presented as a corrective to potential market failure. Using mainstream economic theory, the book presents hybrid-pricing mechanisms not previously analyzed. Through a failure to understand the role of hybrid-pricing, boosters of spot pricing mechanisms through gas hubs are promoting an incorrect understanding of gas markets that will lead to market failure and to potential critical supply shortages in the near-term future. ‘Foundations of Natural Gas Price Formation’ defends the system of oil-indexed pricing as an accurate, market-based mechanism that has stood the test of time.

Dynamic Fuel Price Pass-Through

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475567774
Total Pages : 32 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Dynamic Fuel Price Pass-Through by : Mr.Kangni R Kpodar

Download or read book Dynamic Fuel Price Pass-Through written by Mr.Kangni R Kpodar and published by International Monetary Fund. This book was released on 2017-01-18 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the dynamic pass-through of crude oil price shocks to retail fuel prices using a novel database on monthly retail fuel prices for 162 countries. The impulse response functions suggest that on average, a one cent increase in crude oil prices per liter translates into a 1.2 cent increase in the retail gasoline price at peak level six months after the shock. However, the estimates vary significantly across country groups, ranging from about 0.5 cent in MENA countries to two cents in advanced economies. The results also show that positive oil price shocks have a larger impact than negative price shocks on the retail gasoline price. Finally, the paper underscores the importance of the new dataset in refining estimates of the fiscal cost of incomplete pass-through.

Gas Prices

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Author :
Publisher :
ISBN 13 :
Total Pages : 754 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Gas Prices by : United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on Investigations

Download or read book Gas Prices written by United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on Investigations and published by . This book was released on 2002 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding Gasoline Prices

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (961 download)

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Book Synopsis Understanding Gasoline Prices by :

Download or read book Understanding Gasoline Prices written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Canadian oil industry often faces criticism from consumers and the media with respect to gasoline prices. Consumer frustration over frequent changes in pump prices is exacerbated by the fact that gasoline is the only commodity in our society where consumers can do their comparison shopping from the comfort of their automobile. This paper will examine the factors that influence gasoline prices in Canada. It will begin with an in depth look at each of the pump price components and discuss the factors that influence them. The paper will conclude with an examination of how some of the key factors, such as crude oil prices and exchange rates, have shaped gasoline prices over the past few years.

Gasoline Prices

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Author :
Publisher :
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Gasoline Prices by : United States. Congress. Senate. Committee on Energy and Natural Resources

Download or read book Gasoline Prices written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2006 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding Gasoline Prices

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Author :
Publisher :
ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.:/5 (68 download)

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Book Synopsis Understanding Gasoline Prices by :

Download or read book Understanding Gasoline Prices written by and published by . This book was released on 2004 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Motor fuels understanding the factors that influence the retail price of gasoline.

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Author :
Publisher : DIANE Publishing
ISBN 13 : 142893166X
Total Pages : 61 pages
Book Rating : 4.4/5 (289 download)

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Book Synopsis Motor fuels understanding the factors that influence the retail price of gasoline. by :

Download or read book Motor fuels understanding the factors that influence the retail price of gasoline. written by and published by DIANE Publishing. This book was released on with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:

$20 Per Gallon

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Author :
Publisher : Grand Central Publishing
ISBN 13 : 0446562025
Total Pages : 180 pages
Book Rating : 4.4/5 (465 download)

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Book Synopsis $20 Per Gallon by : Christopher Steiner

Download or read book $20 Per Gallon written by Christopher Steiner and published by Grand Central Publishing. This book was released on 2009-07-15 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: An extraordinarily insightful and thought-provoking look at how our society and culture are going to change, and change rapidly, as the price of gasoline, heating oil, and all other everyday consumer products that are derived from oil continue to escalate. Imagine an everyday world in which the price of gasoline (and oil) continues to go up, and up, and up. Think about the immediate impact that would have on our lives. Of course, everybody already knows how about gasoline has affected our driving habits. People can't wait to junk their gas-guzzling SUVs for a new Prius. But there are more, not-so-obvious changes on the horizon that Chris Steiner tracks brilliantly in this provocative work. Consider the following societal changes: people who own homes in far-off suburbs will soon realize that there's no longer any market for their houses (reason: nobody wants to live too far away because it's too expensive to commute to work). Telecommuting will begin to expand rapidly. Trains will become the mode of national transportation (as it used to be) as the price of flying becomes prohibitive. Families will begin to migrate southward as the price of heating northern homes in the winter is too pricey. Cheap everyday items that are comprised of plastic will go away because of the rising price to produce them (plastic is derived from oil). And this is just the beginning of a huge and overwhelming domino effect that our way of life will undergo in the years to come. Steiner, an engineer by training before turning to journalism, sees how this simple but constant rise in oil and gas prices will totally re-structure our lifestyle. But what may be surprising to readers is that all of these changes may not be negative - but actually will usher in some new and very promising aspects of our society. Steiner will probe how the liberation of technology and innovation, triggered by climbing gas prices, will change our lives. The book may start as an alarmist's exercise.... but don't be misled. The future will be exhilarating.

Why Your Gasoline Prices Are High

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Author :
Publisher : iUniverse
ISBN 13 : 0595369405
Total Pages : 68 pages
Book Rating : 4.5/5 (953 download)

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Book Synopsis Why Your Gasoline Prices Are High by : Seldon B Graham Jr.

Download or read book Why Your Gasoline Prices Are High written by Seldon B Graham Jr. and published by iUniverse. This book was released on 2005 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: US oil production has been plunging downward since 1986. The result is that gasoline prices have been going up. If you do not like high gasoline prices, this book is for you.