期刊名称：Federal Reserve Bank of St. Louis - Regional Economist
出版年度：2014
出版社：Federal Reserve Bank of St. Louis
摘要：T he U.S. Energy Information Administration reported last year that American consum- ers spent, on average, just under 4 percent of their pretax income on gasoline in 2012—nearly $3,000 per household. 1 In the previous 30 years, this percentage was this high only once before—in 2008. Given the impact on the average American's budget, it is important to understand how gasoline prices are affected by fluctuations in oil prices. A number of economists have studied the manner in which changes in oil prices affect changes in gas prices—the so-called pass-through. The prevailing
