Güntner, Jochen; Linsbauer, Katharina - 2016
supply shocks have little effect on the ICS, other oil demand shocks such as a precautionary demand shock, for example, have ….S. households' expectations about current and future economic conditions - responds to structural oil supply and demand shocks. We … a statistically significant negative impact over a two-year horizon. The effect of aggregate demand shocks associated …