demand shock
Regulatory Spillovers in Common Audit Markets
... We find that Sarbanes-Oxley (SOX) had two significant effects on the audit market for nonpublic entities. The first short-run effect stems from inelastic labor supply coupled with an audit demand shock from ...
49
DIS Union of the Core and the Periphery
... and demand shock convergence processes are in line with previous empirical work (Fidrmuc, 2004; Shin and Wang 2005; Velickovski and Stojkov, ...estimated shock- diverging effects caused by lower ...
16
Real Estate, the External Finance Premium and Business Investment: A Quantitative Dynamic General Equilibrium Analysis
... one shock is ...productivity shock, only 55% of the volatility can be ...housing demand shock (the last column of the upper section of Table 1) with the data (the first column of the upper ...
46
The Neo Fisherianism to Escape Zero Lower Bound
... adverse demand shock initially, which can take three di¤erent values, ...the shock, which individuals get to know after an ...the shock is ...
24
Essays in Macroeconometrics.
... a demand shock when hours worked is in growth ...a demand shock with the peak response drifting down around the productivity slowdown of the ...
114
Consumption dynamics in general equilibrium
... for demand shocks of ±2 standard ...negative demand shock is bigger, in absolute value, than the inflation response to a large positive ...supply shock is a little bigger in absolute value ...
30
How Much Will this Event Benefit Our Economy? A Checklist for Economic Impact Assessments with Application to Milan 2015 Expo
... This+also+means+that+the+documentation+should+be+sufficiently+informative.+A+criterion+ is+that+it+allows+replication,+in+the+meaning+that+an+independent+reader+should+be+able+ to+ recompute+ the+ results+ of+ the+ ...
36
An estimated New Keynesian policy model for Australia
... positive demand shock, with output increasing significantly at impact, before slowly returning to its steady-state level after about 10 ...Such demand shocks can arise as a result of changes in ...
26
Cost Channel, Interest Rate Pass Through and Optimal Policy under Zero Lower Bound
... The exit out of ZLB varies from one economy to other depending on its characteris- tics. Di¤erent degrees of interest rate pass-through (or varying strength of cost channel) originating from di¤erent extent of credit ...
25
The effects of oil price shocks on stock market volatility: Evidence from European data
... oil demand, caused by higher/lower economic activity, due to the adjustment costs of oil ...(supply-side shock) can influence the global economic activity, the price of oil and the stock market volatility, ...
36
How to Turn a Recession into a Depression: The Role of the Media, of the Politicians, and of the Political Analysts
... In this paper, I modify slightly a standard neoclassical-synthesis macroeconomic model in order to investigate the effects of an adverse supply or demand shock on output, employment, investment, prices, ...
10
Macroeconomic Dynamics in Macedonia and Slovakia: Structural Estimation and Comparison
... domestic demand (preference) shock hits the Macedonian and Slovakian economies, the output gap increases at impact less than by a unit in both countries -- and relatively more in ...positive demand ...
30
Estimates of the Price Elasticities of Natural Gas Supply and Demand in the United States
... second shock, an “Economic Activity” shock, is an unexpected change in the demand for natural gas due to changes in economic ...This shock is assumed to raise natural gas production, the ...
20
The Impact of Demand Shocks on Firm Level Offshoring Behavior: Theory and Evidence
... This paper theoretically and empirically studies how export firms’ offshoring behavior is associated with demand shocks in the final products. We are partic- ularly interested in how a demand shock ...
49
Analyze the Effect of Oil Shocks on the U.S. Economy in a Time-Varying-Parameter Structural VAR Framework.
... supply shock or oil demand ...oil shock to demand and supply shocks. He considered the demand side of oil is the right side of explaining oil price shock to macroeconomy, and any ...
60
Seminar_week17.pdf
... Inflationary output gap occurs when, at the long-run macroeconomic equi- librium, there is a positive demand shock which shifts AD. The AD moves along the SRAS curve to a higher {P, Y } pair. As the ...
5
Lender learning and entry under general demand uncertainty
... the demand shock is uniformly distributed, entry has no e¤ect on the …rst period price targets even when the potential entrant does not observe the …rst period ...
27
Essays on learning in international macroeconomics
... Chapter 3 investigates the e¤ects of learning in the modelling of inter-country linkages within a symmetric two-country Mundell-Fleming Dornbusch model. The do- mestic and cross-border consequences of four types of ...
15
Producers’ Preference for Price Instability?
... However, in contrast to the demand shock model in Figure 1(a), storage is not needed to bring about price stability when the price instability is generated by supply shocks. This outcome for Figure 2(a) is ...
6
Oil Price Dynamics and Business Cycles in Nigeria:A Bayesian Time Varying Analysis
... supply shock to be one that causes negative responses of global crude oil production and world economic activities but increases the real oil ...price. Demand shocks are due to a rise in the economic ...
23