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Gasoline Price Asymmetry and Oil Volatility by Christine is a document available to read on EtoBox.

What is Gasoline Price Asymmetry and Oil Volatility about?

This paper investigates the relationship between oil price volatility and the asymmetric response of gasoline prices to oil price changes, finding that increased volatility leads to a decline in this asymmetry. The study supports the oligopolistic coordination theory as the primary explanation for this behavior, while also examining search theory and its implications. Empirical evidence suggests that gasoline prices respond faster to oil price decreases than increases when volatility is high, confirming a n

Author
Christine
Language
EN