Asymmetry in the Response of Price-Cost Margins to the Level of Demand Across Booms and Slumps: the Case of U.S. Industries* I thank Editor of this journal and an anonymous referee for their helpful suggestions and
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References listed on IDEAS
- John Haltiwanger & Joseph E. Harrington Jr., 1991. "The Impact of Cyclical Demand Movements on Collusive Behavior," RAND Journal of Economics, The RAND Corporation, pages 89-106.
- Rotemberg, Julio J & Saloner, Garth, 1986. "A Supergame-Theoretic Model of Price Wars during Booms," American Economic Review, American Economic Association, pages 390-407.
- Cowling, Keith & Waterson, Michael, 1976.
"Price-Cost Margins and Market Structure,"
London School of Economics and Political Science, vol. 43(171), pages 267-274, August.
- Cowling, Keith & Waterson, Michael, 1974. "Price-Cost Margins and Market Structure," The Warwick Economics Research Paper Series (TWERPS) 044, University of Warwick, Department of Economics.
- White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
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