由 G Lorenzoni 著作 · 2009 · 被引用 714 次 — This paper presents a model of business cycles driven by shocks to consumer expectations regarding aggregate productivity. Agents are hit by heterogeneous.
An unexpected change in the economy will shift either the aggregate demand (AD) or short-run aggregate supply (SRAS) curve. Negative shocks decrease output and ...
由 AM Gellerman 著作 · 2020 · 被引用 1 次 — According to macroeconomics, a shock that shifts the aggregate demand curve is called a demand shock and a shock that shifts the aggregate supply curve is ...
Though often considered as solely an issue on the supply side, shocks can affect demand as well. Demand shocks are also commonly perceived to come about because ...