This paper examines the impact of global supply chain disruptions and the associated uncertainty on economic activity and inflation. We employ a Bayesian VAR model with the Global Supply Chain Pressure Index (GSCPI) and estimated uncertainty to analyze their effects during the pandemic. Our...

Product demand is modeled as a linear function of attributes including price, guaranteed delivery time, service level and/or quality. For different market segments, market characteristics, namely customer sensitivity on those attributes, are different. A firm or a supplier could be characterized...