Comments: Monetary Union, Money Demand, and Money Supply: A Review of the German Monetary Union by Jurgen von Hagen

Article Abstract:

A study was conducted to evaluate research on the economic features of the German monetary union. Earlier research has shown that Bundesbank has applied a policy on price stability while conducting a process of money targeting. Despite deviations from monetary goals, German authorities often follow a non-inflationary policy. However, such research conclusions failed to substantiate the use of domestic aggregate demand as a scale factor.

Research, Economic aspects, Germany, Monetary unions, Money supply, Money demand

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The impact of uncertainty about demand growth on perception

Article Abstract:

Incumbent firmsE ability to preempt a new market before a new entrant does is analyzed in the face of uncertainty of growth of demand. The paper proposes two scenarios with differing probabilities of entry of new challengers; one being in the case of low demand and the other being high realization of demand, with an inverse probability of entry.

France, Management dynamics, Analysis, Management, Comparative analysis, Company business management, Demand (Economics), Uncertainty, Market entry

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