The interplay between the collective dynamics of the quadrupole and octupole deformation degree of freedom is discussed in a series of Sm and Gd isotopes both at the mean field level and beyond, including parity symmetry restoration and configuration mixing. Physical properties like negative parity excitation energies, E1 and E3 transition probabilities are discussed and compared to experimental data. Other relevant intrinsic quantities like dipole moments, ground state quadrupole moments or correlation energies associated to symmetry restoration and configuration mixing are discussed. For the considered isotopes, the quadrupole-octupole coupling is found to be weak and most of the properties of negative parity states can be described in terms of the octupole degree of freedom alone.

31 pages, 11 figures