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fully dynamic optimal policy problems in models of this kind, both under discretion and commitment. We illustrate our … households, which have a higher marginal utility of net wealth. Under commitment, this inflationary force is countered over time … optimal commitment features first-order initial inflation followed by a gradual decline towards its (near zero) longrun value …
Persistent link: https://www.econbiz.de/10012530528
La investigación empírica sugiere que los tipos de interés más bajos inducen a los bancos a asumir mayores riesgos. Analizamos lo que este canal de toma de riesgos implica para la política monetaria óptima en un modelo neokeynesiano manejable. Mostramos que este canal crea un motivo para...
Persistent link: https://www.econbiz.de/10012658680
demonstrate the possible inferiority of the Ramsey monetary policy under timeless perspective commitment to simple (non …
Persistent link: https://www.econbiz.de/10009428969
, including the impactof network externality, upgrade compatibility, and commitment on pricingin a dynamic environment. We show …
Persistent link: https://www.econbiz.de/10009435103
social responsibility (CSR) on customer attitudes (loyalty, trust and commitment) and behavioral intentions (patronage …
Persistent link: https://www.econbiz.de/10009468029
is understood that characteristics of the Fijian context create a situation where commitment and divided loyalties are …
Persistent link: https://www.econbiz.de/10009451611
feeling of dependence on, and calculative commitment to, the service provider. The mediation mechanisms also imply that sunk … costs are more related to dependence or calculative commitment than repurchase intentions, and that dependence or … calculative commitment continues to play a role in generating customer outcomes. …
Persistent link: https://www.econbiz.de/10009457420
ABSTRACT The Differing Effects of Satisfaction, Trust, and Commitment on Buyer's Behavioral Loyalty: A Study into the …
Persistent link: https://www.econbiz.de/10009463365
store image, salesperson likeability, relationship orientation, trust in salesperson, commitment to retail store and …
Persistent link: https://www.econbiz.de/10009480698
, thereby arbitrarily fragmenting the business requirements.We propose a commitment-based approach for business process …. Updates and exceptions yield commitment operations under which processes are updated and reexecuted.Our approach brings … commitment semantics into business modelling and enables agent collaboration for business process enactment. We derive commitment …
Persistent link: https://www.econbiz.de/10009431231