scholarly journals Identifying Aggregate Supply and Demand Shocks in South Africa

2008 ◽  
Vol 17 (5) ◽  
pp. 765-793 ◽  
Author(s):  
S. du Plessis ◽  
B. Smit ◽  
F. Sturzenegger
Keyword(s):  
South Africa ◽  
Supply And Demand ◽  
Demand Shocks ◽  
Aggregate Supply ◽  
Supply And Demand Shocks

scholarly journals State of Shocks Synchronization among Members of the GCC

2017 ◽  
Vol 8 (1) ◽  
pp. 15
Author(s):  
Ashraf Nakibullah
Keyword(s):  
Supply And Demand ◽  
Aggregate Demand ◽  
Oil Price ◽  
Model Specification ◽  
Structural Shocks ◽  
Demand Shocks ◽  
Gcc Countries ◽  
Aggregate Supply ◽  
Supply And Demand Shocks ◽  
Svar Model

This paper examines fluctuations of aggregate supply and demand shocks across the GCC countries. It argues that the world oil price influences aggregate demand and supply of these countries. Thus, in contrast to other studies, a SVAR model is used to identify structural shocks by including the oil price. The aggregate supply and demand shocks are then analyzed. The correlations of supply shocks among the member countries are either negative or low positive. Similarly, the correlations of demand shocks, except few pairs of countries, are also negative and low positive. Thus, shocks are not synchronized. These results are different than the results found in other similar studies probably due to the model specification. The implication of the findings is that the GCC countries would find it difficult to adjust supply and demand shocks if they form their aspired Gulf Monetary Union.

scholarly journals The interplay of supply and demand shocks: measuring potential output in the COVID-19 pandemic

2021 ◽  
Vol 45 (4) ◽  
pp. 459-493
Author(s):  
Lovorka Grguric ◽  
◽  
Ozana Nadoveza Jelic ◽  
Nina Pavic ◽  
◽  
...  
Keyword(s):  
Supply And Demand ◽  
Demand Shocks ◽  
Potential Output ◽  
Supply And Demand Shocks
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