1,720,986 research outputs found
The Economic Performances Gained Through Integrating the Adaptive Anticipations within Commercial Negotiation Process
Full text linkRelational contexts of negotiation, have interrelated goals, that are based on the views of the negotiating partners themselves and on their endogenous and exogenous variables. It should be made, therefore, the ex ante and ex post analysis of the whole process of commercial negotiation, for dimensioning the company's economic performance. It is being recommended, a coherent analysis of the sensitive border between success and failure, within the present trade negotiations, that are taking place at a time when the demand / supply ratio is highly oscillating. This paper brings to the fore the current financial and economic context marked by a profound global crisis, and its implications over the commercial negotiation processes, in a fierce competition and pressing survival needs of SMEs conditions. Moreover, it highlights the beneficial role of using basic tools based upon knowledge society development. In this regard, we propose the integration of adaptive expectations equations throughout the trade negotiation process development, focusing on the expectations 'correction' in relation to the failure of a previous trade negotiations.negociation, management, commercial process.
Welfare cost of inflation in a stochastic balanced growth model
No full textThere is a large and growing literature on the welfare cost of inflation. However, work in this area tend to find moderate estimates of welfare gains. In this paper we reexamine welfare costs of inflation within a stochastic general equilibrium balanced growth model paying a particular attention to recursive utility, portfolio balance effects, and monetary volatility and monetary policy uncertainty. Our numerical analysis shows that a monetary policy that brings down inflation to the optimum level can have substantial welfare effects. Portfolio adjustment effects seem to be the dominant factor behind the welfare gains.Inflation Monetary policy Stochastic growth models
Inflation, Output, and Stabilization in a High Inflation Economy : Turkey, 1980-2000 / Sel Dibooglu; Aykut Kibritçioğlu
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Inflation, Output, and Stabilization in a High Inflation Economy : Turkey, 1980-2000
No full textSel Dibooglu; Aykut Kibritçioğl
The 2007-2009 financial crisis, global imbalances and capital flows: Implications for reform
No full textThe paper discusses the currents that led to the 2007-2009 financial crisis. We discuss the crisis in a historical context and present evidence regarding the incidence and unit price of risk. Our results show that the unit price of risk prior to the subprime crisis is comparable to the price of risk prior to the great depression and similar to the price of risk at onset of the technology bubble. We then discuss global imbalances, the associated risks with regard to international optimal allocation of capital, and arrangements to minimize problems of global imbalances.Financial crisis International capital flows
Sources of inflation and output movements in Poland and Hungary: Policy implications for accession to the economic and monetary union
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All time cheaters versus cheaters in distress: An examination of cheating and oil prices in OPEC
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