Dynamic Fuel Price Pass-Through

Evidence from a New Global Retail Fuel Price Database

Dynamic Fuel Price Pass-Through
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... READ MORE...

Publication date: December 2016
ISBN 9781475563221
$18.00

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Publication date: December 2016

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