definition of rocket and feather (effect)
(also asymmetric price transmission)
the idea that wholesale price rises are passed on to consumers in their entirety whereas falls are passed on very slowly; so prices rise like a rocket and fall like a feather
Notice how gas goes up like a rocket and comes down like a feather; that's called the "rocket-feather effect."
Submitted from United Kingdom on 30/01/2013 16:25:00