Gas: Its Price and Quality

Gas: Its Price and Quality
Author: Charles Graham CLEMINSHAW
Publisher:
Total Pages: 42
Release: 1865
Genre: Gas as fuel
ISBN:

Download Gas: Its Price and Quality Book in PDF, Epub and Kindle

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

The Distributional Implications of the Impact of Fuel Price Increases on Inflation
Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
Total Pages: 34
Release: 2021-11-12
Genre: Business & Economics
ISBN: 1616356154

Download The Distributional Implications of the Impact of Fuel Price Increases on Inflation Book in PDF, Epub and Kindle

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.

American Gas Journal

American Gas Journal
Author:
Publisher:
Total Pages: 674
Release: 1926
Genre: Gas manufacture and works
ISBN:

Download American Gas Journal Book in PDF, Epub and Kindle

Gas World

Gas World
Author:
Publisher:
Total Pages: 1066
Release: 1913
Genre: Gas manufacture and works
ISBN:

Download Gas World Book in PDF, Epub and Kindle

Federal Register

Federal Register
Author:
Publisher:
Total Pages: 504
Release: 1961-10
Genre: Delegated legislation
ISBN:

Download Federal Register Book in PDF, Epub and Kindle

General Laws of California

General Laws of California
Author: California
Publisher:
Total Pages: 2418
Release: 1914
Genre: Law
ISBN:

Download General Laws of California Book in PDF, Epub and Kindle