NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Do Consumers Recognize the Value of Fuel Economy? Evidence from Used Car Prices and Gasoline Price Fluctuations

James M. Sallee, Sarah West, Wei Fan

NBER Working Paper No. 21441
Issued in July 2015

---- Acknowledgments ----

We thank Aleksander Azarnov, McLane Daniel, Pedro Bernal Lara, Alejandro Ome, Colleen O'Reilly and Sandya Swamy for excellent research assistance. We are also grateful for helpful comments and suggestions from Hunt Allcott, Soren Anderson, Brian Cadena, Carolyn Fischer, Don Fullerton, David Gerard, Jonathan Hughes, Mark Jacobsen, Ben Keys, Gary Krueger, Raymond Robertson, Joel Slemrod, and participants at the Heartland Environmental Economics Workshop, the National Tax Association Meetings, and the University of Minnesota. Funding for this project was provided by a Keck Foundation Grant administered by Macalester College and the Stigler Center at the University of Chicago. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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