Stephan von Cramon-Taubadel

TL;DR: A wide variety of often conflicting theories of, and empirical tests for, asymmetry coexist in this literature as discussed by the authors, and the existing literature is far from being unified or conclusive, and that it has often been largely method-driven, with little attention devoted to theoretical underpinnings and the plausible interpretation of results.

TL;DR: In this article, an alternative specification based on the error correction representation is proposed and applied to transmission between producer and wholesale pork prices in northern Germany, showing that the margin is corrected more rapidly when it is squeezed relative to its long-run level than when it was stretched.

TL;DR: In this paper, the interacting and mutually reinforcing processes of technological change, population growth and urbanization contribute to over-exploitation of ecosystems through complex feedbacks that have important implications for sustainable resource use.

TL;DR: Mohanty et al. as mentioned in this paper used the error correction form to test for asymmetric contemporaneous and short-term reactions to deviations from a unique long-run relation between two wheat prices.

TL;DR: This paper used a Markov-switching vector error-correction model (MSVECM) to model multiple regime shifts in the relationship between wheat and wheat flour prices in Ukraine from June 2000 to November 2004.