We review recent developments in the analysis of price transmission in agricultural markets.
Markets may be separated in time, form, and space (as well as in combinations of such …

Large fluctuations in energy prices have been a distinguishing characteristic of the US
economy since the 1970s. Turmoil in the Middle East, rising energy prices in the United …

In the 1988–2004 microdata collected by the US Bureau of Labor Statistics for the Consumer
Price Index, price changes are frequent (every 4–7 months, depending on the treatment of …

Gasoline taxes can be employed to correct externalities from automobile use and to raise
government revenue. Our understanding of the optimal gasoline tax and the efficacy of …

Recent theoretical work has suggested a number of potentially important factors in causing
incomplete pass-through of exchange rates to prices, including markup adjustment, local …

We study the price adjustment practices and provide quantitative measurement of the
managerial and customer costs of price adjustment using data from a large US industrial …

salient feature of recent oil price hikes has been the reduced impact that they seem to have
had on general price levels worldwide when com pared with previous oil shocks. This paper …

A full understanding of how gasoline prices affect consumer behavior frequently requires
information on how consumers forecast future gasoline prices. We provide the first evidence …

Exploiting a rich dataset of passenger vehicle registrations in 20 US MSAs from 1997 to
2005, we examine the effects of gasoline prices on the automotive fleet's composition. We …

The existing literature on price asymmetries does not systematically investigate the
sensitivity of the empirical results to the choice of a particular econometric specification. This …