One might say the answer to a negative supply shock is a positive supply shock.Demand and Supply Shocks Life is sometimes unpredictable. When economic activity suffers the consequences of unforeseen events or drastic changes, this is sometimes called a shock. Demand and supply shocks can have a...
We show that there is no statistically significant evidence of asymmetry in the response of the U.S. economy to positive and negative money supply shocks of different magnitude.Serletis, ApostolosDepartment of Economics, University of Calgary, Calgary, CanadaIstiak, Khandokar...
they all struggled with basic manufactures – and all of them were being strongly affected by the plants and animals and weather conditions of their specific locations, which strongly affected human thoughts and actions: “we gather these nuts, not those; we hunt these animals this way, not tho...
(Mundoli et al.2017). Notably, resource-based livelihoods can have either negative or positive effects on urban ecology through the dominance of either extraction or stewardship (Chapin et al.2011a,b). The alterations of structure and process by a particular livelihood can cascade, and ...
Take the example of social robots: a person might find robots generally useful and, therefore, have a positive cognitive attitude [43]. At the same time, however, she might feel uncomfortable at the idea of interacting with a robot, which represents a negative affective attitude [43]. Now,...
The theory yields clean predictions on how fiscal policy responds to public spending shocks and provides a sharp account of how politics distorts economic policy-making. This paper explores the implications of the Battaglini–Coate theory for the behavior of fiscal policy over the business cycle. ...
How protecting nature and introducing nature-positive strategies can lead to innovation, job creation, and improved resilience to future shocks.
"A Reconsideration of the Empirical Evidence on the Asymmetric Ef- fects of Money-supply shocks: Positive vs. Negative or Big vs. Small," Archive Discussion Papers 9606, Birkbeck, 1996Ravn, Morten O. and Sola, Martin. "A Reconsideration of the Empirical Evidence on the Asymmetric Effects of...
In the empirical experiments oil prices, money supply, government spending and taxes have been taken as the most likely determinants of inflation. The study shows that there is a negative relationship between inflation and output growth in Turkey and that the underlying explanatory factor is the ...
Ravn,M.O,Sola,M.A Reconsideration of the Empirical Evidence on the Asymmetric Effects of Money-Supply Shocks:Positive vs.Negative or Big vs.Small. Working Paper No.1996-4,Aarhus University .F or example, Morten O. Ravn and Martin Sola, "A Reconsidera- tion of the Empirical Evidence on ...