The purpose of the present paper is to test for asymmetry in the Greek retail gasoline price adjustments to crude oil … price changes for the period January 2005-July 2012.The empirical analysis provides evidence that the adjustment of gasoline … gasoline prices when crude oil prices fall, but rush to increase them when crude oil prices rise, in an effort to maximise …

futures prices of gasoline and the spot prices of two major types of crude oil (i.e. WTI and Brent). The existence of … cointegration between prices in adjacent markets, crude oil spot and gasoline spot as well as gasoline spot and gasoline futures … cointegration in the chain of crude oil spot, gasoline spot, and gasoline futures markets. Among other results, we observe a bi …

core CPI in the USA. Then we revealed similar behavior in the differences between the CPI and indices of various consumer …