Arbeitspapier
New York mark-ups on petroleum products
This paper analyzes rigidities in the behavior of mark-up on petroleum products in the New York area using a new set of high-frequency data. We use a methodology that accounts both for deterministic and stochastic nature of petrol prices. The results indicate that the adjustment to the long run equilibrium mark-up is non-linear with adjustment speeds that are equal across regimes for two out of the three series analyzed. For one of the series the adjustment is beneficial for end consumers as we find that prices fall faster than they rise.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2008:2
- Klassifikation
-
Wirtschaft
Model Evaluation, Validation, and Selection
Market Structure, Pricing, and Design: General
Production, Pricing, and Market Structure; Size Distribution of Firms
Energy: General
- Thema
-
asymmetric price transmission
petroleum
SETAR model
regime switching model
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wlaslowski, Szymon
Binner, Jane
Guiletti, Monica
Joseph, Nathan
Nilsson, Birger
- Ereignis
-
Veröffentlichung
- (wer)
-
Lund University, School of Economics and Management, Department of Economics
- (wo)
-
Lund
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Wlaslowski, Szymon
- Binner, Jane
- Guiletti, Monica
- Joseph, Nathan
- Nilsson, Birger
- Lund University, School of Economics and Management, Department of Economics
Entstanden
- 2007
Ähnliche Objekte (12)
Export activity, persistence and mark-ups
Export activity, persistence and mark-ups
Mark-ups, industry structure and the business cycle
Mark-ups, Industry Structure and the Business Cycle
Industry Restructuring, Mark-ups, and Exchange Rate Pass-Through
Effective tax rates, endogenous mark-ups and heterogeneous firms
A price index with variable mark-ups and changing variety
Mergers and rivals' mark-ups: Evidence from European paper manufacturers
Learning about wage and price mark-ups in euro area countries
Integrating Human Factors and Semantic Mark-ups in Adaptive Interactive Systems
The levels and cyclical behaviour of mark-ups across countries and market structures
Markups for consumers
Export activity, persistence and mark-ups
Export activity, persistence and mark-ups
Mark-ups, industry structure and the business cycle
Mark-ups, Industry Structure and the Business Cycle
Industry Restructuring, Mark-ups, and Exchange Rate Pass-Through
Effective tax rates, endogenous mark-ups and heterogeneous firms
A price index with variable mark-ups and changing variety
Mergers and rivals' mark-ups: Evidence from European paper manufacturers
Learning about wage and price mark-ups in euro area countries
Integrating Human Factors and Semantic Mark-ups in Adaptive Interactive Systems
The levels and cyclical behaviour of mark-ups across countries and market structures
Markups for consumers
Export activity, persistence and mark-ups
Export activity, persistence and mark-ups
Mark-ups, industry structure and the business cycle
Mark-ups, Industry Structure and the Business Cycle
Industry Restructuring, Mark-ups, and Exchange Rate Pass-Through
Effective tax rates, endogenous mark-ups and heterogeneous firms
A price index with variable mark-ups and changing variety
Mergers and rivals' mark-ups: Evidence from European paper manufacturers
Learning about wage and price mark-ups in euro area countries
Integrating Human Factors and Semantic Mark-ups in Adaptive Interactive Systems
The levels and cyclical behaviour of mark-ups across countries and market structures