Dampening Turmoil in the Oil Market
Title | Dampening Turmoil in the Oil Market PDF eBook |
Author | Ronald L. Smith |
Publisher | |
Pages | 24 |
Release | 1988 |
Genre | |
ISBN |
Oil Markets in Turmoil
Title | Oil Markets in Turmoil PDF eBook |
Author | Philip K. Verleger |
Publisher | |
Pages | 336 |
Release | 1982 |
Genre | Technology & Engineering |
ISBN |
Oil Price Shocks, Market Response, and Contingency Planning
Title | Oil Price Shocks, Market Response, and Contingency Planning PDF eBook |
Author | George Horwich |
Publisher | American Enterprise Institute |
Pages | 248 |
Release | 1984 |
Genre | Business & Economics |
ISBN |
The Distributional Implications of the Impact of Fuel Price Increases on Inflation
Title | The Distributional Implications of the Impact of Fuel Price Increases on Inflation PDF eBook |
Author | Mr. Kangni R Kpodar |
Publisher | International Monetary Fund |
Pages | 34 |
Release | 2021-11-12 |
Genre | Business & Economics |
ISBN | 1616356154 |
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.
Publications of Los Alamos Research
Title | Publications of Los Alamos Research PDF eBook |
Author | Los Alamos National Laboratory |
Publisher | |
Pages | 276 |
Release | 1989 |
Genre | Research |
ISBN |
Energy Research Abstracts
Title | Energy Research Abstracts PDF eBook |
Author | |
Publisher | |
Pages | 736 |
Release | 1988 |
Genre | Power resources |
ISBN |
World Agricultural Production and Trade
Title | World Agricultural Production and Trade PDF eBook |
Author | |
Publisher | |
Pages | 40 |
Release | 1973 |
Genre | Agriculture |
ISBN |