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Demand shocks vs. supply shocks : which shocks matter more in income and price inequality?

Hwang, Seolwoong; Lee, Kwangwon; Yim, Geunhyung - 2022

demand shocks significantly worsen the income distribution. It is estimated that the effect of the demand shock is long …This study analyzes the impact of supply and demand shocks on income and price inequality in the economy using data … from Korea. First, supply and demand shocks are identified from output and price data in Korea using the methods found in …

Persistent link: https://www.econbiz.de/10013198179

Not all oil shocks on the trade balance are alike : empirical evidence from South Korea

Baek, Jungho - In: Australian economic papers 61 (2022) 2, pp. 291-303

Persistent link: https://www.econbiz.de/10013280207

The role of precautionary and speculative demand in the global market for crude oil

Cross, Jamie; Bao Hoang Nguyen; Trung Duc Tran - 2021

Persistent link: https://www.econbiz.de/10013190588

How much did oil market developments contribute to the 2009 recession in Germany?

Carstensen, Kai; Elstner, Steffen; Paula, Georg - In: The Scandinavian journal of economics 115 (2013) 3, pp. 695-721

Persistent link: https://www.econbiz.de/10009778340

Structural Interpretation of Vector Autoregressions with Incomplete Information : Revisiting the Role of Oil Supply and Demand Shocks: Comment

Kilian, Lutz; Zhou, Xiaoqing - 2021

Recently, Baumeister and Hamilton (henceforth: BH) have argued that existing studies of the global oil market fail to account for uncertainty about their identifying assumptions. They recommend an alternative econometric approach intended to address this concern by formulating priors on the...

Persistent link: https://www.econbiz.de/10013315410