Following a benign period of a positive global supply shock, a positive global demand shock has led to global overheating and rising inflationary pressures. Now the worries are about a stagflationary supply shock say, a war with Iran coupled with a deflationary demand shock as housing bubbles go bust.

Such a cost shock has a more prolonged effect than a negative demand shock. Without negative external shocks, exorbitant TFP growth would have declined gradually, as the returns from institutional adjustment, reallocation of resources, and technological catch up naturally diminished, in accordance with the convergence hypothesis.

And that's the shock of recognition at the shock of recognition.

Accumulating excessive debt usually entails moving some part of domestic aggregate demand forward in time, so the exit from that debt must include more savings and diminished demand. The negative shock adversely impacts the non tradable sector, which is large (roughly two thirds of an advanced economy) and wholly dependent on domestic demand.

Shock, horror.

The Boehner Shock

Shock and Panic

The Nixon Shock Doctrine Revisited

The World s Biggest Shock Absorber

This watch is shock proof.

Total demand and its growth do matter, but so does market share. Given the growth patterns across advanced and developing countries prior to the crisis, and then the large negative shock, it is likely that there is a shortfall of tradable global aggregate demand, impeding an important component of global growth.

The first shock hurts like hell.

From Shock Therapy to Sleep Therapy

This is a systemic risk, systemic shock.

It was a great shock to me.

This will send shock waves throughout the world. But sometimes shock waves are needed to break the ice and start the water flowing again.

The first shock is recorded as very painful.

A complete shock. I was a little ill.

His death was great shock to his wife.

When the earth is shaken with a shock.

When the earth is shaken with a shock.

When the earth is shaken with a shock

When the earth is shaken with a shock

And when I saw it and yet, through the shock, the terrible shock, and the terrible explosion in our lives, literally, we were not vengeful.

I found a tractor fan, shock absorber, PVC pipes.

The shock isn't painful, but it's a little annoying.

She got over the shock of her father's death.

This positive supply side shock was followed starting in 2006 by a positive global demand shock fast growth in Chindia and other emerging markets started to put pressure on the prices of a variety of commodities. Strong global growth in 2007 marked the beginning of a rise in global inflation, a phenomenon that, with some caveats (the sharp slowdown in the US and some advanced economies), continued into 2008.

It wasn't just him who was in for a shock.

The only other thing is, it was a real shock.

Shock, horror now, the readers want to be writers and publishers.

It's like electrical shock that releases the chemicals from these synapses.

He gets tied up to the shock apparatus in another room.

Gets it wrong, you press a button on the shock box.

So a negative domestic demand shock need not completely constrain the roughly one third of the Italian economy that is tradable and thus could grow and generate employment if the competiveness parameters were reset quickly. Obviously, in the context of the eurozone, this is not an option.

When a positive technological shock raises real wages, people will work more, causing output to surge. In the face of a negative shock, workers will increase their leisure, causing output to fall.

And it's really about how systems, settlements, withstand shock from the outside.

So poetry came as a complete shock to me, ladies and gentlemen.

There were the believers sorely tried, and shaken with a mighty shock.

There were the believers sorely tried, and shaken with a mighty shock.

But it is rising because the private sector is hoarding money rather than spending it. By providing extra liquidity, central banks merely reduce the amount of money withdrawn from expenditure on goods and services, which mitigates, but does not reverse, the negative demand shock that hit the world economy.

The renminbi s gradual yet sustained appreciation against the US dollar is the cost shock s main driver, but the demand shock that followed the 2008 global financial crisis aggravated the situation. It is likely that TFP has declined substantially as China s economy has slowed in response to these shocks.

And then you wait for the opening shock for your parachute to open.

It's called Pavlovian fear conditioning where a tone ends with a brief shock.

What they did was they hooked up Harvard undergraduates to an electric shock machine.