The Economic Effects of Recent Increases in Energy Prices PDF Download
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Author:
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 40
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Author:
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 40
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Book Description
Author: United States. Congress. Joint Economic Committee. Subcommittee on Energy
Publisher:
ISBN:
Category : Cost and standard of living
Languages : en
Pages : 88
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Author: John Peterson
Publisher: Government Printing Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 40
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Book Description
NOTE: NO FURTHER DISCOUNT FOR THIS PRINT PRODUCT--OVERSTOCK SALE -- Significantly reduced list price while supplies last Analyzes the short-term macroeconomic effects of the recent rise in energy prices as well as the likely effects over the next ten years. Utility company personnel, American citizens and consumers, economists, and energy policy advocates may be interested in this volume to compare it to today's energy position and dependence in America. Middle school students and above may be interested in this volume for research papers. All libraries should have a copy of this text in their reference collections. Related products: International Energy Outlook 2016, With Projections to 2040 can be found here: https://bookstore.gpo.gov/products/sku/061-003-01167-5 New Realities: Energy Security in the 2010s and Implications for the U.S. Military is available here: https://bookstore.gpo.gov/products/sku/008-000-01093-5 Energy& Fuels resources collection can be found here: https://bookstore.gpo.gov/catalog/science-technology/energy-fuels Other reports produced by the U.S. Congressional Budget Office (CBO) can be found here: https://bookstore.gpo.gov/agency/237
Author: Knut Anton Mork
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 200
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Author: Mr.Chadi Abdallah
Publisher: International Monetary Fund
ISBN: 1513546090
Category : Business & Economics
Languages : en
Pages : 31
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Book Description
We estimate the dynamic effects of changes in retail energy prices on inflation using a novel monthly database, covering 110 countries over 2000:M1 to 2016:M6. We find that (i) inflation responds positively to retail energy price shocks, with effects being, on average, modest and transitory. However, our results suggest significant heterogeneity in the response of inflation to these shocks owing to differences in factors related to labor market flexibility, energy intensity, and monetary policy credibility. We also find compelling evidence of asymmetric effects—under sufficiently large shocks—in the case of high-income and low-income countries, with increases in retail fuel prices inducing larger effects on inflation than decreases in fuel prices.
Author: Mark N. Cooper
Publisher: Routledge
ISBN: 042971713X
Category : Political Science
Languages : en
Pages : 245
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Book Description
Arguing that the energy price policies of the 1970s represented a major equity/efficiency trade-off and led to a dramatic decline in the living standard of lower income Americans, this book presents a comprehensive data-based assessment of the plight of lower income households between 1973 and 1983.
Author: Felix Chin
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 24
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Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
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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.
Author: United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Oversight and Investigations
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 320
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Author: United States. Congress. House. Select Committee on Aging. Subcommittee on Housing and Consumer Interests
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 134
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