Yet during periods following rapid appreciation, consumer expectations for future appreciation are much higher than statistically likely.
Our main findings indicate that episodes of exchange rate appreciation preceded expectations of further appreciation in the short run, but were marked by depreciations in the long run.
Our findings indicate that episodes of exchange rate appreciation preceded expectations of further appreciation in the short run, but were marked by depreciations in the long run.
First, since the reform of the exchange rate system, the continuous appreciation and high expectations for RMB appreciation brought in massive speculative capital inflows, coupled with China's high reliance on foreign trade; this led to the stock market's increased sensitivity to exchange rate fluctuations.
On the other hand, mutual relationships built on trust and appreciation also create expectations for the future behavior of group members that they may fulfill or may not fulfill, thus transforming the existing relationship (Skvoretz and Fararo 1996; Lusher et al. 2014).
The likely reasons for the high stated satisfaction include community appreciation, health worker expectations, and organizational structure [ 21, 30, 31].
Provider uncertainly and confusion when caring for patients with pre-existing DNR orders may be mitigated through better appreciation for patient expectations concerning their resuscitative care.
This is particularly true when this training occurs with little consideration of the state of the health system and support for implementation, such as referral systems, supervision, equipment and supplies and with minimal appreciation of community expectations.
In one study, when people were asked to recall a birthday gift they'd given, there was a predictable correlation between price and expectation: the more someone spent on a gift, the more appreciation was expected for it.
