This paper provides new evidence on the rationality of early releases of industrial production (IP) and producer price …

Previous studies have found that price promotions lead to a decrease in the average prices of seasonal goods in high … demand season, countering the predictions of basic supply and demand. I explain this trend by proposing that price …-sensitive consumers are less likely to search in low demand periods, changing consumer composition and decreasing aggregate price …

We assess market integration and price transmission of perishable agricultural produce in Sub-Saharan Africa by …, Tamale and Accra, in a multivariate asymmetric price transmission framework. The estimation of the model is based on a unique … models. We estimate the price transmission parameters for four regimes which are a combination of the seasonal patterns in …