affect longer-term producer price ERPT in emerging Asia; and (v) US monetary policy and VIX shocks mostly affect longer …-term consumer price ERPT in emerging Asia. …

on potential differences in the transmission of the monetary policy shock depending on the level of interest rates in the … country from where the shock originates, i.e., the euro area. A euro area monetary policy shock when euro area interest rates … are positive at the time the shock occurs tends to trigger positive spillovers to industrial production, house and stock …

in emerging Asia after the NIRP was announced. …

-pricing reform in Asia. It adopts the bootstrap sub-sample rolling-window Granger test to investigate the causality between crude oil … mixed. Lastly, the study identifies a decoupling relationship in the US. The oil supply and demand, OPEC decisions, and the … hubs in Asia and Europe so that gas pricing can fully reflect the fundamentals in gas markets and help to achieve more …

their economic impact. To facilitate the analysis, we first introduce a simple two-period housing demand model for owner … the qualitative effects of various housing policies on supply and demand. In the last section of the paper, we provide a …

, and Turkey). The results showed that all these countries importing oil face a negative supply shock, except Turkey which … benefits directly from an oil price shock. Furthermore, the indirect effect coefficient received through trade for all these …