Zheng, Yuqing; Kinnucan, Henry; Thompson, Henry - In: Applied Economics 40 (2008) 13, pp. 1629-1635
Financial markets exhibit an asymmetric news effect with unexpected low prices generating more price volatility than 'news' of high prices. The present study examines US food markets for such asymmetric news effects. Analysis of 25 years of monthly data for 45 retail food items shows that price...
