Testing for asymmetric price stickiness using NZ business opinion data: a bootstrap approach

被引：0
|
作者：
Balcombe, K [1 ]
McDermott, CJ [1 ]
机构：
[1] Univ London Imperial Coll Sci Technol & Med, Ashford TN25 5AH, Kent, England
来源：
APPLIED ECONOMICS LETTERS | 2003年 / 10卷 / 15期
关键词：
D O I：
10.1080/1350485032000165494
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The analysis of business opinion data price expectations data in NZ is re-evaluated. Biases induced by inaccurate measurement of population proportions are accounted for using simulations and bootstrapping. While substantial biases in the parameters are identified, prices are found to be relatively upwardly rigid before and after bias correction.
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页码：955 / 958
页数：4
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