Do Gasoline Prices Respond Asymmetrically to Crude Oil Price Changes?
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Our empirical investigation confirms the common belief that retail gasoline prices react more quickly to increases in crude oil prices than to decreases. Nearly all of the response to a crude oil price increase shows up in the pump price within 4 weeks, while decreases are passed along gradually
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美国国家经济研究局创建时间：
1992-08-01
