The security of energy supply is a key geopolitical factor in the relationship between the European Union and the … economies to exogenous oil supply shocks.We focus on the effects on economic activity - as measured by real Gross Value Added …

negative credit supply shock applied to SMEs has an adverse effect on economic activity, and this impact is amplified in …

the topic of this paper. We find that the fluctuations in the supply of credit that result from this may significantly … Cycles ; Credit Market Imperfections ; Loan Supply …

has been weak. Using data for 254 US metropolitan areas, we show that housing supply elasticities have fallen markedly in … recent years. Housing supply elasticities have declined more in areas where land-use regulation has tightened the most, and … in areas that experienced the sharpest housing busts. A lowering of the housing supply elasticity implies a strengthened …

In this work I present a cobweb model for markets characterized by two couples of demand and supply functions which … weight and on both the relative slopes, at the equilibrium, of the supply functions with respect to the demand functions …

total market for housing irrespective of ownership status. The Beveridge Curve represents a long-run supply condition that … curve represent a measurement of oversupply. Using a years of supply metric, for the total housing market irrespective of … ownership, in 2007-2008 there were 0.995 years of supply, more than three times the previous peak of 0.285 years of supply in …

This paper investigates the importance of including data on new housing supply in Dynamic Stochastic General … financial sector and real estate sector, they have largely overlooked housing supply. I develop an extended DSGE model that … includes both the financial sector and endogenous housing supply and show that forecasting accuracy significantly improves when …

the supply curve in its AD/AS diagram. Lucas and Sargent ignored oil, could not explain the 1970s stagflation, and …