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26 mar 2024 · As global supply conditions normalize and the U.S. nears prepandemic conditions, future inflation reduction becomes harder without further softening aggregate demand. Supply challenges impacting GDP growth and inflation could also reemerge.
Supply disruptions (as reflected in the delivery time index) became even more pronounced as aggregate demand (as reflected in the new orders index) recovered. The new orders index peaked in mid-2021, and subsequently declined.
22 cze 2020 · We extract aggregate demand and supply shocks for the US economy from real-time survey data on inflation and real GDP growth using a novel identification scheme. Our approach exploits non-Gaussian features of macroeconomic forecast revisions and imposes minimal theoretical assumptions.
1 gru 2023 · We study the aggregate effects of supply-chain disruptions in the post-pandemic period in a heterogeneous-firm, general equilibrium model with input-output linkages and a rich set of supply chain frictions: uncertain shipping delays, fixed order costs, and storage costs.
10 maj 2023 · Models used in this article find that aggregate demand and supply factors such as supply chain disruptions have contributed significantly to recent high inflation. Since early 2021, inflation has consistently exceeded the Federal Reserve’s target of 2 percent.
To fix supply shocks, a policymaker has to influence aggregate demand. In the graph below, increased regulation has caused the SRAS to shift downward, increasing prices and lowering output.
30 sie 2023 · This article reviews the history of aggregate demand and aggregate supply along with the conceptual and empirical issues of the shape of the aggregate demand and aggregate supply curves-short-run and long-run.
