Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5087425 | Journal of Asian Economics | 2012 | 12 Pages |
Abstract
⺠This study shows that aggregate demand and supply shocks are not independent of each other in the ASEAN region. ⺠Aggregate demand shocks are found to be more volatile than the aggregate supply shocks in five original ASEAN countries. ⺠Demand shocks appeared to have permanent positive effects on output levels in four out of five ASEAN countries. ⺠This paper suggests that aggregate supply shocks account for large variations in inflation in ASEAN region. ⺠The macroeconomic shocks are not found to be synchronized in ASEAN countries.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Omar H.M.N. Bashar,