and their distinct effects. Kilian (2009) analyzes the effects of an oil supply shock, an aggregate demand shock, and a … precautionary oil demand shock. The paper's aim is to model macroeconomic consequences of these shocks within a new Keynesian DSGE …

economicconsequences of a supply-driven oil-price shock are very different from those of an oil-demand shock driven by global economic …-2008 -- Figures -- 1. Persistence Profiles of the Effect of a System-wide Shock to the Cointegrating Relations -- 2. Impact of Oil …

The energy price shock in 2022 led to government support for firms in some countries, sparking debate about the …

This paper analyzes the interlinkages between climate shocks, domestic conflicts, and policy resilience in Africa. It …

multiplier effect), it quickly rises above pre-shock levels. The rebound in investment is facilitated by fiscal space, flexible … investment contractions on impact, but drive private investment to above pre-shock levels. Finally, we exploit firm … sector and in larger and less indebted firms, and to show that the long-run benefits to economic activity of the fiscal shock …

decomposing U.S. interest rates changes into two orthogonal shocks: the pure monetary policy shock and the information news shock … countries, with oil exporters with stronger fundamentals withstanding well the shock and oil importers with weaker fundamentals …