T he world economy has experienced a bulk of positive and negative shocks in crude oil prices and exchange rates over the years, and that global inflation has undergone some changes. Such shocks have affected the macroeconomic variables in the countries of the world and have challenged the economies of these countries, and have led them to take different measures to protect themselves agai...

We provide novel evidence on how frictions in the financing of working capital amplify and propagate the effect of economic shocks over time. We propose a test for this idea in a situation where firms must pay for inputs in advance of production, and face credit constraints and seasonal variation in profitability. Persistent input price shocks lead to stronger immediate and longer-term drops on...

The unifying theme of the conference has been that the inflationary effects associated with changes in commodity prices depend on the more fundamental shocks that drive commodity prices. Moreover, since changes in prices of oil and other commodities are relative price shocks they do not cause inflation. In contrast, central banks can cause inflation and they respond to real shocks, so it is nec...

Movements in palm oil price give important signals to various stakeholders of the industry Malaysia. Thus, understanding external and internal factors that may affect is vital players for sustainability their activities. This study investigates relative importance shocks on movement Employing a structural vector autoregressive (SVAR) model quarterly data from 1990 2019, findings reveal are more...

This paper contributes to the existing literature by investigating impacts of crude oil price shocks on financial markets through an examination effect issuance corporate green bonds. Green bond has been growing fast over past several years; despite this, share bonds in total remains less than 1%. Using multilevel models, this study investigates flow oil-supply, oil-demand, and speculative oil-...