Talk:Demand shock

Merge

I suggest merging this article and Supply shock into Shock (economics), to make one article that has significant content, instead of three articles that are inadequate. Geoffrey.landis (talk) 15:34, 30 January 2015 (UTC)

I'm not convinced that the sub-prime crisis was a demand shock. It was an idiosyncratic shock to inputs of banks, cascading into decreased consumer spending and into other sectors and countries. I would add some contribution on the micro origins of aggregate fluctuations. — Preceding unsigned comment added by Glennmagerman (talk • contribs) 11:16, 23 December 2015 (UTC)

Dr. Pagan's comment on this article

Dr. Pagan has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:

I feel that a demand shock has to have the idea that it is unexpected given the information available. Thus if a price changes and quantity demanded falls we would not think of this as a shock but simply as a consequence of a normal relationship. If the price change was unexpected then we would say that there was a shock to price and hence demand. So I am bothered by the tone of this entry. There are quotes from Mervyn King. In one he says that there is a large negative demand shock. In the second quote he does not mention a demand shock but rather an imbalance between domestic and foreign factors, and he presumably had the idea that this would lead to some adjustment ( this was implicit in many comments about imbalances by institutions such as the IMF in those years). This doesn’t seem to me to describe a shock but an existing state of affairs that would be expected to unwind. The Asian crisis was an example of a shock as it was not expected. The GFC was a shock to many policy makers. The sub-prime crisis and lower household were outcomes that would be expected to have some effects. It was the fact that the effects were much larger than expected that led to a demand shock.

We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Pagan has published scholarly research which seems to be relevant to this Wikipedia article:

• Reference : Adrian R. Pagan & M. Hashem Pesaran, 2008. "Econometric Analysis of Structural Systems with Permanent and Transitory Shocks," Discussion Papers 2008-04, School of Economics, The University of New South Wales.

ExpertIdeasBot (talk) 14:32, 19 May 2016 (UTC)

External links modified

Hello fellow Wikipedians,

I have just modified one external link on Demand shock. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:

• Added archive https://web.archive.org/web/20110520005641/http://tvnz.co.nz/view/news_budget_story_skin/149753 to http://tvnz.co.nz/view/news_budget_story_skin/149753
• Added {{dead link}} tag to http://www.dailytimes.com.pk/default.asp?page=2008\06\14\story_14-6-2008_pg5_52

When you have finished reviewing my changes, please set the checked parameter below to true or failed to let others know (documentation at {{Sourcecheck}}).

This message was posted before February 2018. After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than regular verification using the archive tool instructions below. Editors have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the RfC before doing mass systematic removals. This message is updated dynamically through the template {{source check}} (last update: 5 June 2024).

• If you have discovered URLs which were erroneously considered dead by the bot, you can report them with this tool.
• If you found an error with any archives or the URLs themselves, you can fix them with this tool.

Cheers.—InternetArchiveBot (Report bug) 15:40, 10 December 2016 (UTC)