Author: United States
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 96
Book Description
Retail Gas Prices
The Distributional Implications of the Impact of Fuel Price Increases on Inflation
Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
Book Description
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.
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
Book Description
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 Activities of the Committee on the Judiciary of the House of Representatives During the One Hundred Tenth Congress
Author: United States. Congress. House. Committee on the Judiciary
Publisher:
ISBN:
Category :
Languages : en
Pages : 248
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 248
Book Description
Retail distribution. pt. 1. Summary for the United States, and statistics for counties and incorporated places of 1,000 population and over. pt. 2. Reports by states, Alabama-New Hampshire. pt. 3. Reports by states, New Jersey-Wyoming
Author:
Publisher:
ISBN:
Category : Retail trade
Languages : en
Pages : 1496
Book Description
Publisher:
ISBN:
Category : Retail trade
Languages : en
Pages : 1496
Book Description
Report on the Activities of the Committee on the Judiciary ,... January 3, 2009, 110-2 House Report 110-941
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 250
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 250
Book Description
Retail gas prices
Author: United States. Congress. House. Committee on the Judiciary. Task Force on Competition Policy and Antitrust Laws
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
Book Description
Bulletin
Author:
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 1048
Book Description
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 1048
Book Description
Natural gas legislation
Author: United States. Congress. Senate. Committee on Energy and Natural Resources
Publisher:
ISBN:
Category :
Languages : en
Pages : 1680
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 1680
Book Description
EIA Publications Directory
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 62
Book Description
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 62
Book Description
Code of Federal Regulations, Title 26, Internal Revenue, Pt. 1 (Sections 1. 61-1. 169), Revised as of April 1 2009
Author: Office of the Federal Register (U S )
Publisher: Government Printing Office
ISBN: 9780160829000
Category : Law
Languages : en
Pages : 1220
Book Description
Publisher: Government Printing Office
ISBN: 9780160829000
Category : Law
Languages : en
Pages : 1220
Book Description