Prices Rise Faster than They Fall

By S. Peltzman. Journal of Political Economy, 2000

1,056 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/fcf1863eaf5c22592826e6902de1a41c41ab2299

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Citations in the corpus

Rockets and feathers revisited: an international comparison on European gasoline markets (2003, neutral): “Shin (1994) relates the average wholesale price of oil products to the price of oil in his investigation of the U.”
First evidence of asymmetric cost pass-through of EU emissions allowances: Examining wholesale electricity prices in Germany (2008, background): “Using data for 2005, Sijm et al. (2006) estimated that emissions costs have been almost fully (60-100%) passed through to consumers.”
Retail Gasoline Price Dynamics and Local Market Power (2008, neutral): “Pelzman [2000] casts a wider net.”
Evaluating Microfoundations for Aggregate Price Rigidities: Evidence from Matched Firm-Level Data on Product Prices and Unit Labor Cost (2012, neutral): “…e.g. Levy, Dutta, and Bergen (2002), Davis and Hamilton (2004) and Eichenbaum, Jaimovic, and Rebelo (2008) or, taking a broader perspective, looking at detailed PPI or CPI data for components with a low value added and constructing input cost using an input-output table; see e.g. Peltzman (2000).”
Oil price volatility and the asymmetric response of gasoline prices to oil price increases and decreases (2005, background): “Second, using many different measures of the degree of gasoline price asymmetry and oil price volatility, I confirm a finding of Peltzman (2000) that there is a negative relationship between oil price volatility and the gasoline price asymmetry.”
Asymmetric exchange rate pass-through: Evidence from major countries (2012, neutral): “It is important to notice that instead of the conventional critical values, this test involves two asymptotic critical value bounds, depending A series of studies by Pesaran and Shin (1995a), Pesaran and Shin (1995b), Pesaran, et.”
Econometric models of asymmetric price transmission (2007, positive): “Among the very many contribution, we mention Peltzman (2000) and Von Cramon-Taubadel et al. (2003), whose analysis provide contrasting evidence.”
A threshold cointegration analysis of asymmetric price transmission from crude oil to gasoline prices (2005, background): “The perceived asymmetry points to a potential gap in price theory (Peltzman, 2000).”
What Firms' Surveys Tell Us about Price-Setting Behavior in the Euro Area (2006, neutral): “While Peltzman (2000) only focuses on the asymmetry with regard to cost shocks, we additionally ﬁnd that demand shocks also aﬀect prices asymmetrically.”
Trade Integration, Competition, and the Decline in Exchange-Rate Pass-Through (2006, neutral): “In a model with sticky prices, Taylor (2000) suggests that a fall in the persistence of price and cost shocks underlies the decline in passthrough both to import and consumer prices.”
New Evidence on Asymmetric Gasoline Price Responses (2003, background): “[19] Peltzman, Sam, Prices Rise Faster Than They Fall, Journal of Political Economy 108 (June 2000), 466-502.”