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Imperfect Price-Reversibility of U.S. Gasoline Demand: Asymetric Responses to Price Increases and Declines

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Author Info
Gately, Dermot
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File URL: http://econ.as.nyu.edu/docs/IO/9392/RR91-55.pdf
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Paper provided by C.V. Starr Center for Applied Economics, New York University in its series Working Papers with number 91-55.

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Length: 27 pages
Date of creation: 1991
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Handle: RePEc:cvs:starer:91-55

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Postal: C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012
Phone: (212) 998-8936
Fax: (212) 995-3932
Web page: http://econ.as.nyu.edu/object/econ.cvstarr.html
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Postal: C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012
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Keywords: Oil industry ; efficiency ; prices ; business cycles;

References listed on IDEAS
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  1. Dermot Gately & Peter Rappoport, 1988. "The Adjustment of U.S. Oil Demand to the Price Increases of the 1970s," The Energy Journal, International Association for Energy Economics, vol. 9(2), pages 93-108.
  2. Olivier J. Blanchard & Lawrence H. Summers, 1986. "Hysteresis And The European Unemployment Problem," NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 15-90 National Bureau of Economic Research, Inc. [Downloadable!]
    Other versions:
  3. Dixit, Avinash K, 1989. "Entry and Exit Decisions under Uncertainty," Journal of Political Economy, University of Chicago Press, vol. 97(3), pages 620-38, June. [Downloadable!] (restricted)
    Other versions:
  4. Carol A. Dahl, 1986. "Gasoline Demand Survey," The Energy Journal, International Association for Energy Economics, vol. 7(1), pages 67-82.
  5. David L. Greene, 1990. "CAFE OR PRICE?: An Analysis of the Effects of Federal Fuel Economy Regulations and Gasoline Price on New Car MPG, 1978-89," The Energy Journal, International Association for Energy Economics, vol. 11(3), pages 37-58.
  6. Blanchard, Olivier J. & Summers, Lawrence H., 1987. "Fiscal increasing returns, hysteresis, real wages and unemployment," European Economic Review, Elsevier, vol. 31(3), pages 543-560, April. [Downloadable!] (restricted)
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  7. Richard Baldwin, 1988. "Hysteresis In Import Prices: The Beachhead Effect," NBER Working Papers 2545, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  8. Dixit, Avinash, 1989. "Intersectoral capital reallocation under price uncertainty," Journal of International Economics, Elsevier, vol. 26(3-4), pages 309-325, May. [Downloadable!] (restricted)
  9. Pindyck, Robert S., 1990. "Irreversibility, uncertainty, and investment," Working papers 3137-90., Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
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  10. Jorgenson, Dale W & Hunter, Jerald & Nadiri, M Ishaq, 1970. "A Comparison of Alternative Econometric Models of Qtrly Investment Behavior," Econometrica, Econometric Society, vol. 38(2), pages 187-212, March. [Downloadable!] (restricted)
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