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Longitudinal inflation asymmetry

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  • Randal Verbrugge

Abstract

Using an assymetry test which has high power and is not dominated by outliers, a longitudinal asymmetry is detected in most of the disaggregated price series investigated. This finding is intriguing, as neither money nor output growth is asymmetric.

Suggested Citation

  • Randal Verbrugge, 2002. "Longitudinal inflation asymmetry," Applied Economics Letters, Taylor & Francis Journals, vol. 9(4), pages 261-264.
    • Handle: RePEc:taf:apeclt:v:9:y:2002:i:4:p:261-264
    DOI: 10.1080/13504850110062013
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    References listed on IDEAS

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    1. Randal J. Verbrugge, 1998. "A cross-country investigation of macroeconomic asymmetries," Macroeconomics 9809017, University Library of Munich, Germany, revised 30 Sep 1998.
    2. Randal Verbrugge Randal Verbrugge, 1997. "Investigating Cyclical Asymmetries," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 2(1), pages 1-10, April.
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    Cited by:

    1. Bhaskar, V, 2002. "Asymmetric Price Adjustment:Micro-foundations and Macroeconomic Implications," Economics Discussion Papers 8849, University of Essex, Department of Economics.
    2. Lim, Yoonsung & Kim, Jeong-Yoo & Berg, Nathan, 2015. "Price asymmetry revisited from a marketing perspective," Economic Modelling, Elsevier, vol. 49(C), pages 314-319.

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