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"The downswing is affecting not only all member states but also almost all demand components," the report said, adding private investment in particular was suffering, reflecting depressed expectations of future demand as consumers reacted to a deteriorating job market.
"The downswing is affecting not only all member states but also almost all demand components," the report said, adding that private investment in particular was suffering, reflecting depressed expectations of future demand.
It goes something like this: rising house prices and the generally sunnier mood of Britain's consumers boosts firms' expectations of future demand; they invest more; that creates more jobs and drives up real wages – and the economy as a whole is given a leg-up into what economists like to call a good equilibrium.
Similar(57)
Let γ a person's subjective estimation of future demand.
But Mr Glaeser's work suggests that for the most part investors are making reasonable bets on the future, given reasonable expectations of future supply, demand, and credit conditions.
Students in the present study were conscious of future demands.
In the markets for perishable commodities, their forward price is determined by expectations about future demand and supply.
Advanced economies appear to be stuck in a low-growth trap, wherein diminished expectations about future demand growth become self-fulfilling as investment remains subdued even in the face of record-low interest rates.
Rising expectations about future demand for new technologies increase the incentives for investments in innovation by enlarging payoffs to successful innovations.
The effect will be a reduction in present demand with a prospect of increased future demand.
Even in booming emerging economies core consumer prices are rising much more slowly than they were in 2008.Over time, temporary price pressure can become entrenched, through either consumers' expectations of future inflation or workers' demands for higher wages.
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CEO of Professional Science Editing for Scientists @ prosciediting.com