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The classical Fisher equation asserts that in a nonstochastic economy, the inflation rate must equal the difference between the nominal and real interest rates. We extend this equation to a representative agent economy with real uncertainty in which the central bank sets the nominal rate of...
Persistent link: https://www.econbiz.de/10005586938
organizations, have to reach the state of expectations equilibrium or control - a state where the actual behavior of participants … interact directly with each other (as well as with the platform operator), establishing control in e-commerce enterprises … requires broadening of the traditional definition of "internal control" to encompass the activities of "outsiders" such as …
Persistent link: https://www.econbiz.de/10005586956