The inelastic markets hypothesis states that the aggregate stock market price elasticity of demand is small, implying … that flows have large impacts on prices. We exploit demand shocks created as investor funds are frozen and unfrozen during … Chinese IPOs to estimate the impact of demand shocks on the Chinese stock market. Using brokerage account records, we observe …

, demand for financial advise should be high in a bull market and low in a bear market. Thus, we test the hypothesis whether … the demand for business magazines is somehow related to the performance of the stock market. It turns out that the sales …

-coppes), industrial production, energy use for transportation, oil production, and oil imports, we examine whether supply and demand … 70% of the variation in the US COPPES growth is explained by its supply and demand factors, each sharing about half of … contribution of demand and supply factors since mid 1980s, of which growth variances have declined on net since then. This in turn …