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In recent years the New Keynesian Model with price stickiness of the Calvo type has become the most widely used … endogenous explanation of price stickiness as well as of other important features of the observable data, e.g. the cyclical …-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows …
Persistent link: https://www.econbiz.de/10009482289
This thesis investigates the consequences of model uncertainty and persistence in consumption habits and price … equilibrium to achieve a simple, linear model, that only depends on inflation, the output gap, and the interest rate, in the case … inflation dynamics is crucial. Because of the controversial debate on the importance of expectations, the consequences of …
Persistent link: https://www.econbiz.de/10009449715
explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …
Persistent link: https://www.econbiz.de/10009429015
increases in fees, not decreases, which suggests that quality-based advertising took place, and not price-based advertising. In …
Persistent link: https://www.econbiz.de/10009430953
probability distribution. In the case of early stage building contract price forecasts the approximate distribution of the likely …
Persistent link: https://www.econbiz.de/10009437537
economies. For a resource exporting economy, such as that of Australia, the recent resource price boom has resulted in … economies of China and India and contributed to a stronger domestic currency with beneficial effects upon inflation. On the … eventual slow down in the overall economy. These positive and negative effects, and the overall impact of a resource price boom …
Persistent link: https://www.econbiz.de/10009457338
of the oil revenues is spent on non-traded goods which leads to a real appreciation (i.e., a rise in the relative price …
Persistent link: https://www.econbiz.de/10009460161
This project included two studies that looked at how the brand name and price of consumer products can affect intended ….V.) based on the price alone. The brand names were removed so as to not create an interactive effect. This study had the same … brand value were rated as higher quality than the generic. Study 2 found that when just looking at price, subjects were more …
Persistent link: https://www.econbiz.de/10009464090
potential customers, the company strives to compete in price, quality of products, and services. The company’s most potential … services, quality of products, and price on the students’ satisfaction and to what extent the influence of satisfaction on … loyalty. The aim of this research was to know and to analyze the influence of services, quality of products, and price on the …
Persistent link: https://www.econbiz.de/10009464507