scholarly journals Measuring the Welfare Impact of Asymmetric Price Transmission

10.5109/17821 ◽  
2010 ◽  
Vol 55 (1) ◽  
pp. 181-189
Author(s):  
Shi Zheng ◽  
Douglas J. Miller ◽  
Susumu Fukuda
Keyword(s):  
Price Transmission ◽  
Welfare Impact ◽  
Asymmetric Price Transmission

scholarly journals Asymmetric price transmission in the Japanese seafood market

2012 ◽  
Vol 78 (3) ◽  
pp. 468-478 ◽  
Author(s):  
YUTARO SAKAI ◽  
TORU NAKAJIMA ◽  
TAKAHIRO MATSUI ◽  
NOBUYUKI YAGI
Keyword(s):  
Price Transmission ◽  
Asymmetric Price Transmission

Market concentration and market power of the Swedish mortgage Sector – a wavelet panel efficiency analysis

2018 ◽  
Vol 22 (4) ◽  
Author(s):  
Kristofer Månsson ◽  
Pär Sjölander ◽  
Ghazi Shukur
Keyword(s):  
Time Series ◽  
Interest Rates ◽  
Efficiency Analysis ◽  
Price Transmission ◽  
Unique Contribution ◽  
Data Set ◽  
Wavelet Method ◽  
Asymmetric Price Transmission ◽  
Mortgage Rates ◽  
Mortgage Lenders

AbstractBased on a panel wavelet efficiency analysis, we conclude that there is a systematic pattern of positive asymmetric price transmission inefficiencies in the interest rates of the largest Swedish mortgage lenders. Thus, there seems to be a higher propensity for mortgage lenders to swiftly increase their customers’ mortgage interest rates subsequent to an increase in its borrowing costs, than to decrease their customers’ mortgage rates subsequent to a corresponding decrease in the cost of borrowing. A unique contribution is our proposed wavelet method which enables a robust detection of positive asymmetric price transmission effects at various time-frequency scales, while simultaneously controlling for non-stationary trends, autocorrelation, and structural breaks. Since traditional time-series analysis methods essentially implies that several wavelet time scales are aggregated into one single time series, the blunt traditional error correction analysis totally failed to discover APT effects for this data set. In summary, using the wavelet method we show that even though the customers in the end finally will benefit from decreases in the mortgage lenders’ financing costs, the lenders wait disproportionally long before the customers’ mortgage rates are decreased.

scholarly journals Asymmetric Price Transmission in the Indonesian Food Market

2020 ◽  
Vol 518 ◽  
pp. 012078
Author(s):  
Fitrotul Laili ◽  
Wiwit Widyawati ◽  
Putri Budi Setyowati
Keyword(s):  
Price Transmission ◽  
Asymmetric Price Transmission ◽  
Food Market

Temporary Sales Prices and Asymmetric Price Transmission

Agribusiness ◽  
2016 ◽  
Vol 33 (1) ◽  
pp. 85-97 ◽  
Author(s):  
Said Tifaoui ◽  
Stephan von Cramon-Taubadel
Keyword(s):  
Price Transmission ◽  
Asymmetric Price Transmission
Sign in / Sign up

Export Citation Format

Share Document