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 …

This paper examines the impact of oil supply and demand shocks on gasoline prices and consumer sentiment in the Euro … shocks to real gasoline prices. On the contrary, positive oil-specific demand shocks do not trigger a deterioration of … consumer sentiment. In other words, consumer sentiment is affected primarily by unexpected changes in gasoline prices at the …