Asymmetric evidence of gasoline price responses in France: a Markov-switching approach
It has been documented that retail gasoline prices respond more quickly to increases in wholesale prices than 16
they do to decreases in wholesale prices. However, there is little empirical evidence that identifies the link 17
Detecting jumps and regime-switches in international stock markets returns
This article explores seven international stock markets (DJIA, Euro STOXX 600, Russell 2000, Nikkei, NASDAQ, FTSE and Global Dow) in the quest for jumps and regime switches.