We reinvestigate the "rockets and feathers" effect between retail gasoline and crude oil prices in a new framework of … complicated time series characteristics. On the dataset of seven national gasoline prices, we find no statistically significant … asymmetry. The proposed methodology is not limited to the gasoline and crude oil case but it can be utilized for any asymmetric …

The pricing mechanism in the gasoline market has often been the subject of public debate in Greece during the crisis … inefficient pricing, is by testing for asymmetries in the adjustment of domestic gasoline prices to world oil price changes. The … present paper tests for asymmetric adjustment of gasoline prices to oil price variations in the Greek market and examines …

whether there exists any correlation among the trajectories followed by national prices in the gasoline and diesel markets … markets have a more pronounced pattern of price co-movements compared to the gasoline markets. Moreover, the application of …

The conventional wisdom that inflation expectations respond to the level of the price of oil (or the price of gasoline … support for the conventional wisdom. Using a new structural vector regression model, however, we demonstrate that gasoline … explained by a large increase in gasoline prices. However, on average, gasoline price shocks account for only 39% of the …

The conventional wisdom that inflation expectations respond to the level of the price of oil (or the price of gasoline … support for the conventional wisdom. Using a new structural vector regression model, however, we demonstrate that gasoline … explained by a large increase in gasoline prices. However, on average, gasoline price shocks account for only 39% of the …