Asymmetric Price Adjustment - Evidence for India
Published By: Madras School of Economics | Published Date: November, 01 , 2014The study tries to examine whether there exists asymmetry in the price adjustment of firms while using the commodity wise whole sale price indices belonging to three different sectors - primary, manufacturing and fuel-power and lubricants from India. Further, it also allows examining the thresholds values between which a particular firm chooses inaction and allows its relative price to deviate in either direction from the equilibrium level.
Author(s): Sartaj Rather, M. Ramachandran | Posted on: Feb 12, 2015 | Views(858) | Download (613)