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The Response of Consumer Spending to Changes in Gasoline Prices

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NBER2016-12-01 更新2025-01-04 收录
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This paper estimates how overall consumer spending responds to changes in gasoline prices. It uses the differential impact across consumers of the sudden, large drop in gasoline prices in 2014 for identification. This estimation strategy is implemented using comprehensive, high-frequency transaction

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2016-12-01
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