strongest driver of this shift. Much of this impact unfolds through aggregate demand impulse from trade. As fiscal policy … the RoW, but has also gradually drifted away from the G7 in favour of the BRICs. Trade with the BRICs turns out to be the …

demand shock and to assess how the effects of various demand and supply shocks change in the presence of oil storage facility …. We find that business-cycle driven oil demand shocks are the most important drivers of U.S. oil price fluctuations during …

are politically unpopular. Through estimation of household demand functions by income quintiles to evaluate the …

experiments, including fiscal, monetary, financial, demand, supply, and international shocks. …

economy specific combinations of negative domestic or foreign output demand shocks, mitigated to varying degrees by …

By constructing and estimating a structural arbitrage-free model of demand pressures on US real rates, we find that …

The paper investigates asymmetry in the allocation of aggregate demand shocks between real output growth and price … existence of structural constraints, implying that positive demand shocks feed predominantly into prices while negative demand … shocks mainly affect output. The high variability of aggregate demand in Caribbean countries, frequently exposed to shocks …

countries/regions over the period 1979Q2–2011Q2, to discriminate between supply-driven and demand-driven oil-price shocks and … consequences of a supply-driven oil-price shock are very different from those of an oil-demand shock driven by global economic …-exporting countries that possess large proven oil/gas reserves. However, in response to an oil-demand disturbance, almost all countries in …