Causes for an asymmetric relation between the price of crude oil and refined petroleum products

By Robert K. Kaufmann, C. Laskowski. 2005

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Asymmetric Error Correction Models for the Oil-Gasoline Price Relationship (2005, unknown): “Finally, Kaufmann and Laskowski (2005) analyze monthly data on the American petroleum market for the period January 1986 – December 2002, and use an asymmetric ECM approach.”
Oil price volatility and the asymmetric response of gasoline prices to oil price increases and decreases (2005, result): “Similar results are obtained by Kaufmann and Laskowski (2004) who support an idea that asymmetries in the gasoline price response are generated by refinery utilization rates and inventory.”
First evidence of asymmetric cost pass-through of EU emissions allowances: Examining wholesale electricity prices in Germany (2008, background): “Tel: +49-30 89789-247, Fax: +49-30 89789-108 gzachmann@diw.de Prof. Christian von Hirschhausen Chair of Energy Economics and Public Sector Management at Dresden University of Technology cvh@mailbox.tu-dresden.de”
Econometric models of asymmetric price transmission (2007, unknown): “Kaufmann and Laskowski (2005) propose a modified version of Von Cramon-Taubadel’s (1998) model.”