Catalogue de livres rares et précieux composant la bibliothèque de M.S***, [i.e. Sensier], membre de la Société des bibliophiles francçais, dont la vente se fera la mardi, 15 avril 1828 et jours suivants.

Priced.

Asymmetric output gap effects in Phillips Curve and mark-up pricing models: evidence for the US and the UK

A number of studies have found an asymmetric response of consumer price index inflation to the output gap in the US in simple Phillips curve models. We consider whether there are similar asymmetries in mark-up pricing models, that is, whether the mark-up over producers' costs also depends upon the sign of the (adjusted) output gap. The robustness of our findings to the price series is assessed, and also whether price-output responses in the UK are asymmetric.

Étude sur Georges Michel /

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