The Mysteries of the Domestic Fuels’ Market

Publishing date: Tuesday, 28 June 2011
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Views: 5330

Economic Commentary, no. 104

In this commentary, we provide empirical evidence about asymmetric price adjustments on Moldovan fuel market to the fluctuations on the regional markets. As evidence clearly shows, in periods when the regional prices decrease, the local ones adjust much slower as compared to periods when the regional prices rise.

Full version available only in Romanian: http://www.expert-grup.org/ro/activitate/comentarii/item/229-misterele-pie%C8%9Bei-de-carburan%C8%9Bi&category=5

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