Asymmetric Pass-Through in U.S. Gasoline Prices

by Federal Trade Commission and United States Federal Trade Commission

This book presents new evidence of asymmetric pass-through, the notion that upward cost shocks are passed through faster than downward cost shocks, in U.S. gasoline prices. Much of the extant literature comes to seemingly contradictory conclusions about the existence of an asymmetry, though the differences may be due to different aggregation (both over time and geographic markets) and the use of different price series including crude oil, wholesale,...

• Format: Paperback
• Language: English
• ISBN: 1502478471
• ISBN13: 9781502478474
• Release Date: September 2014
• Publisher: Createspace Independent Publishing Platform
• Length: 44 Pages
• Weight: 0.28 lbs.
• Dimensions: 0.1" x 8.5" x 11.0"