Consensus Analysts' Forecasts and Current Price Level

2002 ◽  
Vol 1 (1) ◽  
pp. 39-56
Author(s):  
Huai Zhang
Keyword(s):  
Price Level ◽  
Current Price ◽  
Consensus Analysts

scholarly journals Rational Inattention to News: The Perils of Forward Guidance

2016 ◽  
Vol 8 (1) ◽  
pp. 42-97 ◽  
Author(s):  
Gaetano Gaballo
Keyword(s):  
Value Of Information ◽  
Price Level ◽  
Future Price ◽  
Rational Inattention ◽  
Forward Guidance ◽  
The Social ◽  
The Future ◽  
Current Price ◽  
The Impact ◽  
Source Of Information

This paper studies the social value of information about the future. In a stylized OLG model, agents need to forecast the future price level, they observe the current price and perceive with idiosyncratic noise the expectation announced by a more informed authority. When forward guidance communication is loose, the market becomes a main source of information about the future. Reliance on market information amplifies the impact of shocks on prices, which increases ex ante uncertainty and worsens agents' forecasting ability, harming social welfare. However, an appropriate policy can convert the perils of the announcement in opportunities. (JEL D83, E13, E52, E62, H63)

scholarly journals Financial Feasibility and Competitiveness Levels of Soybean Varieties in Rice-Based Cropping System of Indonesia

2021 ◽  
Vol 13 (15) ◽  
pp. 8334
Author(s):  
Ruly Krisdiana ◽  
Nila Prasetiaswati ◽  
Imam Sutrisno ◽  
Fachrur Rozi ◽  
Arief Harsono ◽  
...  
Keyword(s):  
Price Level ◽  
Cropping System ◽  
Selling Price ◽  
Productivity Level ◽  
Improved Varieties ◽  
Financial Feasibility ◽  
Soybean Price ◽  
Current Price ◽  
Benefit Cost

This research was conducted to determine the financial feasibility of growing soybean varieties and their competitiveness in the rice-based cropping system of Indonesia. The research was conducted at two locations in 2020. The results showed that the use of improved varieties of soybean yielded 2.24 t/ha and 2.09 t/ha, which was higher than using local (non-improved) varieties. The use of improved varieties was financially feasible with Revenue Cost (R/C) ratios of 1.88–1.98 and Benefit Cost (B/C) ratios of 0.88–0.98. The competitiveness of soybeans in Mojokerto and Pasuruan was lower compared to maize and mungbean. Soybean could compete with competing crops if the productivity and price were higher than the current conditions. To be able to compete with maize, the soybean productivity should be 5.14–5.22 t/ha if the current soybean price per kg is IDR 7200 (about US $ 0.51). To compete with mungbean, the soybean productivity should reach 3.05 t/ha with the current price per kg of IDR 7200 (about US $ 0.51). When measured by the price level, to be able to compete with maize, the soybean selling price per kg should be IDR 14,428–IDR 14,893 (about USD 1.06) with a productivity level of 2.24 t/ha.

scholarly journals How Consistent Are Consumers in Their Decisions? Investigation of Houseplant Purchasing

2021 ◽  
Vol 11 (5) ◽  
pp. 73
Author(s):  
Melinda J. Knuth ◽  
Hayk Khachatryan ◽  
Charles R. Hall
Keyword(s):  
Price Level ◽  
Purchase Intent ◽  
Environmental Cues ◽  
Purchase Decisions ◽  
Buying Behavior ◽  
Demographic Differences ◽  
Intrinsic Cues ◽  
Decision Consistency ◽  
Current Price ◽  
The Impact

This paper examines the impact of intrinsic consumer attributes on decision consistency in houseplant purchasing intentions. Subjects reported their likelihood to buy (LTB) for themselves and as a gift at perceived bargain and getting expensive price levels. The sample was analyzed according to those who switched their LTB ratings to relatively lower values versus subjects who did not by using their demographic characteristics and responses to plant buying behavior questions. Secondly, subjects who had high initial purchase intents were analyzed versus those who had low initial purchase intents. The results indicate that inconsistent purchase decisions are more likely to occur at the perceived getting expensive price level than the perceived bargain price points. Additionally, there are very few demographic differences among the plant buyers who are consistent with their purchase intent versus inconsistent, indicating that external environmental cues may have more of an influence on purchase consistency than intrinsic cues. This information can be utilized by greenhouse and retail firms to understand when a consumer is less likely to change their plant purchase decision with a high initial intent. These price points can help firms optimize their current price offerings within the market and create dialogues with partnering box stores.

Impact of Price Level Changes in Indian Commodity Market

2012 ◽  
Vol 3 (4) ◽  
pp. 124-127
Author(s):  
Dr. G. SELVALAKSHMI Dr. G. SELVALAKSHMI ◽  
◽  
Dr.A.ARUMUGAM Dr.A.ARUMUGAM
Keyword(s):  
Price Level ◽  
Commodity Market

Pakistan's Export Possibilities

1973 ◽  
Vol 12 (1) ◽  
pp. 1-30
Author(s):  
Syed Nawab Haider Naqvi
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Policy Maker ◽  
Time Horizon ◽  
Price Level ◽  
Balance Of Payments ◽  
Domestic Saving ◽  
Trade Offs ◽  
High Level

The recent uncertainties about aid flows have underscored the need for achieving an early independence from foreign aid. The Perspective Plan (1,965-85) had envisaged the termination of Pakistan's dependence on foreign aid by 1985. However, in the context of West Pakistan alone the time horizon can now be advanced by several years with considerable confidence in its economy to pull the trick. The difficulties of achieving independence from foreign aid can be seen by reference to the fact that aid flows make it possible for the policy-maker to pursue such ostensibly incompatible objectives as a balance in international payments (i.e., foreign aid finances the balance of payments), higher rates of economic growth (Lei, it pulls up domestic saving and investment levels), a high level of employment (i.e., it keeps the industries working at a fuller capacity than would otherwise be the case), and a reasonably stable price level (i.e., it lets a higher level of imports than would otherwise be possible). Without aid, then a simultaneous attainment of all these objectives at the former higher levels together with the balance in foreign payments may become well-nigh impos¬sible. Choices are, therefore, inevitable not for definite places in the hierarchy of values, but rather for occasional "trade-offs". That is to say, we will have to" choose how much to sacrifice for the attainment of one goal for the sake of somewhat better realization of another.

The Gains from Delegation Revisited: Price-Level Targeting, Speed-Limit and Interest Rate Smoothing Policies

2011 ◽  
Author(s):  
Andrew P. Blake ◽  
Tatiana Kirsanova ◽  
Tony Yates
Keyword(s):  
Interest Rate ◽  
Price Level ◽  
Speed Limit

Targets in the Taylor Rule: Inflation, Speed Limit, or Price Level?

2011 ◽  
Author(s):  
Pavel S. Kapinos ◽  
Michael S. Hanson
Keyword(s):  
Price Level ◽  
Taylor Rule ◽  
Speed Limit

Price-Level Targeting: A Post-Mortem?

2014 ◽  
Author(s):  
Steve Ambler
Keyword(s):  
Price Level ◽  
Post Mortem

On Understanding the Cyclical Behavior of the Price Level and Inflation

2014 ◽  
Author(s):  
William A. Brock ◽  
Joseph Haslag
Keyword(s):  
Price Level ◽  
Cyclical Behavior
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