Rigidez de preços : um estudo aplicado ao mercado de gasolina

Abstract

In a different way that many economic models say, price do not react instantaneously and completely to variations in cost and demand; in this matter they are stick. This dissertation intends to analyze the theme of price stickiness, we discuss the different works and theories present in the economic literature. In this theoretical context we analyze the behavior of gasoline prices along its production chain. We find that gasoline prices are stick and behave asymmetrically to increases and decreases of costs.