Results 271 to 280 of about 5,122 (298)

Asymmetric price adjustment and information

Economics Letters, 1982
Abstract Empirical evidence suggests that price adjustment is relatively stickier downwards than upwards. An explanation is offered, using the different responses of risk-averse firms to the asymmetry in information in the regimes of positive and negative excess demand.
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Asymmetric Price Adjustments in the Fuel Market [PDF]

Central European Journal of Economic Modelling and Econometrics, 2014
The purpose of the article is to verify a hypothesis about the asymmetric pass-through of crude oil prices to the selling prices of refinery products (unleaded 95 petrol and diesel oil). The distribution chain is considered at three levels: the European wholesale market, the domestic wholesale market and the domestic retail market. The error correction
Katarzyna Leszkiewicz-Kędzior, Aleksander Welfe   +1 more
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Symmetric or asymmetric price adjustments in the oil market

Energy Economics, 1992
Abstract This paper investigates how German consumer and wholesale prices for gasoline and light heating oil react to changes in the corresponding Rotterdam prices. Monthly data from 1972 to 1989 are employed, and the subperiods of the 1970s (1972 to 1979) and 1980s (1980–1989) are distinguished. Error correction models are estimated to seperate long-
Gebhard Kirchgässner, Knut Kübler
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Search with learning: understanding asymmetric price adjustments

The RAND Journal of Economics, 2008
In many retail markets, prices rise faster than they fall. We develop a model of search with learning to explain this phenomenon of asymmetric price adjustments. By extending our static game analysis to the dynamic setting, we demonstrate that asymmetric price adjustments arise naturally.
Huanxing Yang, Lixin Ye
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Asymmetric price adjustment in a menu-cost model

Journal of Economics, 1998
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Madsen, Jakob B., Yang, Bill Z.
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Dynamic and Asymmetric Adjustment in Beef and Pork Prices

2010
Beef and pork prices at farm, wholesale and retail are examined for evidence of a dynamic and asymmetric price transmission using an endogenous switching model. Dynamic adjustment means that it take time for prices to adjust to changes in the market.
Hahn, William F., Hahn, William F.
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Asymmetric Adjustment Costs, Asymmetric Pricing and Employment: Evidence from the UK

Scottish Journal of Political Economy, 2001
This paper uses an asymmetric multivariate model to investigate asymmetries in employment and pricing behaviour by firms. This generalises the approach of Granger and Lee (1989) and also exploits the cross equation restrictions on the equations for prices and employment implied by a restricted cost function—the dual to a Cobb‐Douglas production ...
Sean Holly, Paul Turner
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Asymmetric Adjustment Costs and Price Stickiness

1986
This paper deals with the problem how to explain the empirically observed stickiness of prices in the case of demand shocks and at the same time also observable price flexibility in the case of supply (input cost) shocks.
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Asymmetric spot‐futures price adjustments in grain markets

Journal of Futures Markets, 2018
AbstractRecent volatility in food prices in the grain market has generated much interest among agricultural market participants. This study examines the nonlinear dynamic relationship between spot and futures prices in grain markets. The empirical results provide strong evidence of price asymmetries.
Zhige Wu, Alex Maynard, Alfons Weersink, Getu Hailu   +3 more
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Retail Prices of Gasoline and Asymmetric Adjustment to Wholesale Prices in Colombia

SSRN Electronic Journal
This study examines the pass-through between retail and wholesale prices of gasoline in Colombia. Data from 2017 to 2019 were available on prices and characteristics of gasoline sold by service stations in the main cities of Colombia. Information on the location of the stations is also available, which is used to georeference the stations and obtain ...
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