trade result in an asymmetric reaction to an otherwise symmetric shock. In this context, we show that oil price shocks can …

reverse QE (RQE) periods while the EU EPU makes Asian markets vulnerable during the Eurozone debt crisis. The large …

argue that the German government handled the immediate response to the energy shock well, but subsequently waited too long … controls as an optimal policy response to an energy shock within a general equilibrium framework. We develop a simple … generate endogenous price uncertainty in the wake of an energy shock. We also link our analysis to the so-called sunspot …

We study the response of real wages to the business cycle in eight major Eurozone countries before and during the Great …