The growth of private labels over the past decades has been attributed to various factors.
This article formally addresses the link between private-label success and economic …

This paper highlights the implications for a single monetary policy when key economic
relationships are nonlinear or asymmetric at a disaggregate level. Using data for the EU and …

This paper investigates the house price cycle in 17 major cities in Poland, analysing
separately prices of newly constructed housing and prices in the existing stock. We apply the …

This paper accomplishes two goals. First, it introduces a powerful nonparametric test of
asymmetry to the economics literature, namely, the triples test of Randles et al.(1980) …

We identify pressures on the SGP that stem from asymmetries in economic behaviour and
macroeconomic policy in the euro area. The asymmetry in the way the euro economy …

This paper analyses the optimal monetary policy under incomplete exchange rate pass-
through and asymmetric price rigidity. In a general equilibrium sticky price model of an open …

This paper highlights implications for a single monetary policy when key economic
relationships are non-linear or asymmetric at a disaggregate level. Using a four equation …

This paper examines conditional and unconditional asymmetries in the Nelson and Plosser
dataset by using two tests recently proposed by Jushan Bai and Serena Ng. In line with …

Page 1 Dalgſave macmillan Asymmetry and Aggregation in the EU David G. Mayes Matti Virén
Page 2 Asymmetry and Aggregation in the EU Page 3 Also by David G. Mayes TOWARDS A …

We present a simple menu cost model which explains the finding that firms are more likely to
adjust prices upward than downward. Asymmetric adjustment to shocks arises naturally …