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Reputation stems from overall assessments of an e-business’ standing, according to various stakeholders, and it affects key customer outcomes. Despite burgeoning literature on the correlates of the customer-based reputation of e-commerce companies (ECCR), scarce research examines how reputation affects monetary outcomes. To extend existing literature on ECCR outcomes, this study focuses on cust...

A small, structural model of the monetary business cycle implies that real money balances enter into a correctly-specified, forward-looking IS curve if and only if they enter into a correctly-specified, forward-looking Phillips curve. The model also implies that empirical measures of real balances must be adjusted for shifts in money demand to accurately isolate and quantify the dynamic effects...

In this paper we ask the following three questions. First, does the usefulness of a real-time dataset depend upon which release of data we are interested in forecasting; and are real-time datasets useful, in general? Second, what are the trade-offs associated with: early release inefficiency; early release measurement error; the impact that definitional change has on time series consisting of o...

In this chapter, we discuss how culture influences computer mediated communication (CMC). We use an Input-Process-Output (I-P-O) model as a theoretical framework to analyze relationships between culture and CMC. We describe three dimensions of cultural variability—individualism/collectivism, low vs. high context of communication, and taskvs. relationship-orientation—and describe how these dimen...

In this paper a stochastic dynamic general equilibrium (DGE) model with capital accumulation is augmented by sticky wages. Wages are set in a staggered way as in Taylor (1980) implying that the optimal wage will be set for two periods. Prices are also sticky since there are adjustments cost of prices as in Rotemberg (1982). It is confirmed that wage staggering has a higher potential to generate...

Periodically, some group of asset prices rises at a rapid pace that is matched neither by general price inflation nor seemingly by the relevant fundamental asset values. This situation rightfully causes great consternation at central banks, as it has dangerous implications for the stability of inflation and full employment and for financial stability. Some asset prices, such as those for housin...

analysis of the transactions demand formoney. The commodity-demand elasticity withrespect to the real interest rate, b , , was set tounity because, of all (equally arbitrary) values,unity is the most straightforward choice. (Econo-metric evidence currently available does notprovide direct knowledge of this elasticity.) Therelative sizes of the disturbances give consi...

I introduce inside money and serially correlated supply shocks to the Uncertain and Sequential Trading (UST) monetary model and test its implications using a vector auto regression impulse response analysis on post-war US data. I find that (a) The importance of money in predicting output is substantially reduced once the stock of inventories is added to the VAR system and (b) Shocks to inventor...