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

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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Year of publication:	2003
Authors:	Balcombe, K. ; McDermott, C. J.
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 10.2003, 15, p. 955-958
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005435637