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                                       Details for article 21 of 195 found articles
 
 
  Are US gasoline price adjustments asymmetric?
 
 
Title: Are US gasoline price adjustments asymmetric?
Author: Rao, B. Bhaskara
Rao, Gyaneshwar
Appeared in: Applied economics letters
Paging: Volume 15 (2008) nr. 6 pages 443-447
Year: 2008-05
Contents: We use the LSE-Hendry general to specific approach to analyse if US gasoline price adjustments are asymmetric with respect to changes in crude oil prices. Furthermore, we modify some weaknesses in the earlier works by Borenstein et al. (1997) and Bachmeier and Griffin (2003) and shows that if the price adjustment equations are properly specified and estimated, alternative specifications and temporal aggregation of data do not affect the results. Monthly US data are used to show that alternative specifications give equally good results and there is no asymmetry in the US gasoline price adjustments.
Publisher: Routledge
Source file: Elektronische Wetenschappelijke Tijdschriften
 
 

                             Details for article 21 of 195 found articles
 
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