demand shock and to assess how the effects of various demand and supply shocks change in the presence of oil storage facility … supply shocks in driving oil price fluctuations. Our results also confirm that a change in the composition of shocks helps …

permanent oil supply shocks hitting the world economy at an unspecified future date. For modest-sized shocks and conventional …

examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia … foreign claims was associated with a substantial reduction in domestic credit supply in a broad sample of countries. However …, the credit supply response in Asia was only about half the size of the response in non-Asian countries, possibly due to a …

between shocks to the supply and demand for global liquidity, and isolate their impact on the economy. Our results confirm …

negative credit supply shock applied to SMEs has an adverse effect on economic activity, and this impact is amplified in …

examines one particular channel at work: the supply of credit. It presents a model in which a bank, even if managed by risk …-neutral shareholders and subject to limited liability, can exhibit self-insurance, and thus loan supply contracts when uncertainty … credit supply is achieved by looking at the differential response of banks according to their level of capitalization …

and their distinct effects. Kilian (2009) analyzes the effects of an oil supply shock, an aggregate demand shock, and a …

countries/regions over the period 1979Q2 2011Q2, to discriminatebetween supply-driven and demand-driven oil-price shocks and to … economicconsequences of a supply-driven oil-price shock are very different from those of an oil-demand shock driven by global economic …-lived fall in economic activity in response to a supply-driven surge in oil prices, the impact is positive for energy …