Stickiness and Asymmetry in Price Adjustment: Evidence of Thai Aggregate and Disaggregate Prices |
Contents
THEREOTICAL AND CONCEPTUAL FRAMEWORK | 8 |
THE REVIEW OF RELATED LITERATURE | 24 |
METHODOLOGY | 37 |
3 other sections not shown
Common terms and phrases
148 R-squared Adjusted Adjusted R-squared S.E. aggregate and disaggregate aggregate demand aggregate price indexes Akaike Information Criterion asymmetry in price average wage Bank of Thailand beverage items coefficients Consumer Price Index Core Consumer Core Price Index disaggregate level economic effects employed estimated F-statistics flexible price food and beverage GM and GO Granger causality test implies increase inflation Mean dependent method minimum AIC monetary base growth monetary policy shock monetary variable money supply money supply growth movement of growth negative monetary policy non-food and beverage null hypothesis optimal lag length P₁ percent Pfood Phousing positive and negative PPI and COPI Precreation price adjustment behavior price changes price equation price growth Price Index CPI price level price stickiness Producer Price Index Ptrans R-squared Adjusted R-squared regression Durbin-Watson stat S.D. dependent S.E. of regression Seemingly Unrelated Regression stickiness and asymmetry stickiness in price sticky price Sum squared resid Thammasat University unanticipated