Iskanje po katalogu digitalne knjižnice

Opis: The purpose of this paper is to study whether innovations in monetary and fiscal policy are a leading indicator of future business and consumer confidence and reverse applying the panel Granger causality analysis to two periods in the history of the euro area: before and after the start of the Great Recession. The results show that Granger causality interaction between the confidence of economic agents and the stance of monetary policy (measured by the shadow rate) is stronger than between the former and the fiscal policy instruments. The European Central Bank (ECB) shadow rate innovations Granger caused business and consumer confidence in both periods, but also indicators of confidence Granger caused the shadow rate. No such feedback could be established between two fiscal policy instruments (government expenditure and revenue growth) and the indicators of confidence. Government spending and revenues Granger caused business confidence in the first subperiod, but not in the second subperiod when the causality reversed. The government revenues Granger caused consumer confidence in the first subperiod, while government expenditures in the second subperiod. Consumer confidence Granger caused government spending in the first subperiod.
Ključne besede: fiscal policy, monetary policy, consumer confidence, business confidence, panel Granger causality
Objavljeno v DKUM: 20.01.2025; Ogledov: 0; Prenosov: 8
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Opis: The main goal of our research is to analyze and display causes of a bullwhip effect formation within a supply chain, as well as to provide the appropriate solutions to limit the occurrence of the bullwhip effect by using the proper information flow and partners´ cooperation within the supply chain. The bullwhip effect is one of the most important issues in the supply chain management and it is present in many companies. It preserves a character of invisibility because there are lots of causes for its formation and they are usually difficult to discern. The bullwhip effect is a phenomenon of an increase in the order variability within a supply chain. The higher we are within the supply chain, the higher is the order variability. The company encountered with the whip effect can successfully reduce its impact by improving the information flow, as well as improving partners´ cooperation within the supply chain. In this way the company can limit its negative repercussions and increase the profit. The article focuses on the overview of the bullwhip effect within a distribution chain, from its causes to suggestions and measures how to ease its negative repercussions on the organisation. Part of the causes could be found in the market demand variability and in the lack of communication about the actual marked demand within the supply chain. The rest of the causes are related to obstacles that emerge among different partners within the supply chain (role of culture). A qualitative analysis is applied on the basis of the selected cognitions from the supply chain management. The quantitative analysis is based on the theoretical research of the effective flow of information among the participants and its contribution to the reduction of the bullwhip impact. The article discusses two research questions: 1) The correct information flow within the supply chain and the improvement of the communication among partners can lead to the bullwhip effect reduction, and 2) A reduction of the bullwhip influence can lead to the increase of cooperation among partners. The results of the analysis can be used for further research.
Ključne besede: bullwhip effect, information flow, marked demand variability, orders variability, supply chain, logistics, business logistics, management, acquisition policy
Objavljeno v DKUM: 06.07.2017; Ogledov: 1664; Prenosov: 220
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Ključne besede: electronic commerce, government, administration, budgets, democration, computer application, users, electronic money, electronic payments, security, data analysis, information system, information science, business, commerce, models, advertising, Internet, computer networks, electronic mail, services, media, public services, regional policy, cases, retail trade
Objavljeno v DKUM: 01.06.2012; Ogledov: 2350; Prenosov: 58
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Ključne besede: enterprise, economic theories, economists, cognition, keynesianism, acquisitions, mergers, strategic alliances, boundary, business policy, corporations, strategic management, hypothesis, sinergy, economic structures, economic structures, joint venture, integration, business cooperation, management, business efficiency, success of business operation
Objavljeno v DKUM: 01.06.2012; Ogledov: 2060; Prenosov: 47
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