Media coverage may also have powerful impact on demand shocks, since consumers receive feedback from media stories and often incorporate that information into purchasing decisions. WiseGeek is dedicated to prov
Three types of shocks are identified based on their impact on commodity prices, global manufactured prices and global economic activity. The first two shocks, a world demand shock and a commodity-market-specific shock, are fairly standard. The third shock, a globalisation shock that may result, ...
Many modern business cycle models use uncertainty shocks to generate aggregate fluctuations. However, uncertainty is measured in a variety of ways. Our analysis shows that the measures are not the same, either statistically or conceptually, raising the question of whether fluctuations in them are actu...
We propose a practical approach to recover unexpected firm锕峞vel demand shocks using inventory data. The recognition of demand shocks and inventory also improves the productivity estimation. The empirical results indicate that although productivity and demand shocks are both significant factors determining...
If product markets are imperfectly competitive, product demand shocks should have a direct effect on employment for given levels of prices and wages. Our main finding is that product demand has such a direct effect on hiring. This highlights the importance of taking imperfect competition in the ...
Gumata, N., Ndou, E. (2020). What Was the Role of Demand Shocks, Supply Shocks, Productivity Shocks and Monetary Policy Shocks on the Manufacturing Sector during 2005Q1 and 2008Q3?. In: The Secular Decline of the South African Manufacturing Sector. Palgrave Macmillan, Cham. https://doi....
Collaboration should span from current core competencies (including manufacturing flexibility to manage demand variability and shocks) to opportunities for additional value creation (such as innovative vehicle architecture and ADAS offerings) to enabling factors (such as charging infrastructure and the ...
Supply shocks that sharply reduce output, such as the oil shock of the 1970sRapidly increasing supply, perhaps through a technological breakthrough Elevated consumer demand, thanks to an improving job market and widespread employmentSlumping demand, likely caused by a jump in joblessness or a recess...
Systems twins help drive cost optimization, increase throughput, improve customer experience, and heighten resilience to supply-and-demand shocks. In McKinsey’s experience, companies have reduced transportation costs and labor by as much as 10 percent, while increasing consumer promise—meaning allowing...
Which of the following can create demand-pull inflation? Suppose that pi^e_t = pi_t-1, there is no cost shocks, and the Phillips curve is pi_t - pi_t-1 + betaY_t - Y^n/Y^n Under period zero the interest rate is i_0, inflation ...