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Global Implications of Lower Oil Prices

Global Implications of Lower Oil Prices »

Article

Source: Global Implications of Lower Oil Prices

Volume/Issue: 2015/15

Series: Staff Discussion Notes

Author(s): Aasim Husain , Rabah Arezki , Peter Breuer , Vikram Haksar , Thomas Helbling , Paulo Medas , and Martin Sommer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2015

ISBN: 9781513532417

Keywords: Oil price, fuel taxes and subsidies, fiscal vulnerabilities, external vulnerabilities, exchange rate regime, oil, prices, price, oil prices, energy

The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the...

Global Implications of Lower Oil Prices

Global Implications of Lower Oil Prices »

Journal Issue

Volume/Issue: 2015/15

Series: Staff Discussion Notes

Author(s): Aasim Husain , Rabah Arezki , Peter Breuer , Vikram Haksar , Thomas Helbling , Paulo Medas , and Martin Sommer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2015

DOI: http://dx.doi.org/10.5089/9781513532417.006

ISBN: 9781513532417

Keywords: Oil price, fuel taxes and subsidies, fiscal vulnerabilities, external vulnerabilities, exchange rate regime, oil, prices, price, oil prices, energy

The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the...

Dynamic Fuel Price Pass-Through : Evidence from a New Global Retail Fuel Price Database

Dynamic Fuel Price Pass-Through : Evidence from a New Global Retail Fuel Price Database »

Journal Issue

Volume/Issue: 2016/254

Series: IMF Working Papers

Author(s): Kangni Kpodar , and Chadi Abdallah

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2016

DOI: http://dx.doi.org/10.5089/9781475563221.001

ISBN: 9781475563221

Keywords: Developed countries, Emerging markets, Europe, Gasoline prices, Fuels, Commodity price shocks, Price increases, Oil product prices, North Africa, Oil

This paper assesses the dynamic pass-through of crude oil price shocks to retail fuel prices using a novel database on monthly retail fuel prices for 162 countries. The impulse response functions suggest that on av...

The Unequal Benefits of Fuel Subsidies : A Review of Evidence for Developing Countries

The Unequal Benefits of Fuel Subsidies : A Review of Evidence for Developing Countries »

Journal Issue

Volume/Issue: 2010/202

Series: IMF Working Papers

Author(s): David Coady , and Javier Arze del Granado

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

DOI: http://dx.doi.org/10.5089/9781455205325.001

ISBN: 9781455205325

Keywords: fuel subsidies, impact of subsidy reform, distribution of fuel consumption, subsidies, fuel prices, subsidy, fuel price, fuel consumption, Taxation, and Revenue: General

This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries. On average, the burden of subsidy reform is neutrally distributed across income groups; a $0.25 decreas...

The Unequal Benefits of Fuel Subsidies Revisited : Evidence for Developing Countries

The Unequal Benefits of Fuel Subsidies Revisited : Evidence for Developing Countries »

Journal Issue

Volume/Issue: 2015/250

Series: IMF Working Papers

Author(s): David Coady , Valentina Flamini , and Louis Sears

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 November 2015

DOI: http://dx.doi.org/10.5089/9781513501390.001

ISBN: 9781513501390

Keywords: Fuel subsidy reform, welfare impact, distribution, transport, fuel, subsidies, fuel prices, subsidy, Incidence, All Countries,

Understanding who benefits from fuel price subsidies and the welfare impact of increasing fuel prices is key to designing, and gaining public support for, subsidy reform. This paper updates evidence for developing...

The Unequal Benefits of Fuel Subsidies

The Unequal Benefits of Fuel Subsidies »

Article

Source: The Unequal Benefits of Fuel Subsidies : A Review of Evidence for Developing Countries

Volume/Issue: 2010/202

Series: IMF Working Papers

Author(s): David Coady , and Javier Arze del Granado

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

ISBN: 9781455205325

Keywords: fuel subsidies, impact of subsidy reform, distribution of fuel consumption, subsidies, fuel prices, subsidy, fuel price, fuel consumption, Taxation, and Revenue: General

This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries. On average, the burden of subsidy reform is neutrally distributed across income groups; a $0.25 decreas...

The Unequal Benefits of Fuel Subsidies Revisited

The Unequal Benefits of Fuel Subsidies Revisited »

Article

Source: The Unequal Benefits of Fuel Subsidies Revisited : Evidence for Developing Countries

Volume/Issue: 2015/250

Series: IMF Working Papers

Author(s): David Coady , Valentina Flamini , and Louis Sears

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 November 2015

ISBN: 9781513501390

Keywords: Fuel subsidy reform, welfare impact, distribution, transport, fuel, subsidies, fuel prices, subsidy, Incidence, All Countries,

Understanding who benefits from fuel price subsidies and the welfare impact of increasing fuel prices is key to designing, and gaining public support for, subsidy reform. This paper updates evidence for developing...