Yıl: 2022 Cilt: 13 Sayı: 1 Sayfa Aralığı: 1 - 17 Metin Dili: İngilizce İndeks Tarihi: 07-09-2022

Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income

Öz:
Firms hold buffer stocks such as capital stocks, inventories, liquid assets, and retained earnings to absorb the effects of uncertainties they face. However, the existence of such buffers affects both the performance of all the firms in the economy and the aggregate income. In this study, a stock-flow consistent system dynamics model is built to analyze these effects. Dynamic equilibrium solutions present that the presence of uncertainty decreases both aggregate firm profitability and aggregate income. Furthermore, the effects of a change in the sentiment of entrepreneurs and firm managers on the aggregate variables if the levels of buffer stocks were affected by this sentiment in the presence of uncertainty is analyzed. Simulation results show that a change in the sentiment index causes the aggregate income to change in the same direction.
Anahtar Kelime:

Belirsizlik Altında Toplam Firma Davranışı, Güven ve Toplam Gelir

Öz:
Firmalar karşılaştıkları belirsizliğin olumsuz etkilerini bertaraf edebilmek için sabit sermaye, ürün envanterleri, likit varlıklar ve dağıtılmamış karlar gibi çeşitli tampon stoklar tutarlar. Ancak bu tamponların mevcudiyetinin hem ekonomideki tüm firmaların performansı hem de toplam gelir üzerinde etkileri vardır. Bu çalışmada, bu etkileri analiz edebilmek için stok-akım tutarlı bir sistem dinamiği modeli kurulmuştur. Modelin dinamik denge çözümleri belirsizliğin toplam firma karlılığını ve toplam geliri düşürdüğünü ortaya koymaktadır. Öte yandan, belirsizlik altında girişimcilerin ve firma yöneticilerinin güvenlerinin bu tampon stokların düzeyini etkilemesi halinde, bu güvendeki bir değişimin ekonomi üzerindeki etkilerinin ne olacağı da araştırılmıştır. Simülasyon sonuçları güven endeksindeki bir değişimin, toplam gelirde aynı yönlü bir değişime yol açacağını göstermiştir.
Anahtar Kelime:

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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APA Sahin S (2022). Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income. , 1 - 17.
Chicago Sahin Sercin Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income. (2022): 1 - 17.
MLA Sahin Sercin Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income. , 2022, ss.1 - 17.
AMA Sahin S Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income. . 2022; 1 - 17.
Vancouver Sahin S Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income. . 2022; 1 - 17.
IEEE Sahin S "Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income." , ss.1 - 17, 2022.
ISNAD Sahin, Sercin. "Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income". (2022), 1-17.
APA Sahin S (2022). Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income. Gümüşhane Üniversitesi Sosyal Bilimler Dergisi, 13(1), 1 - 17.
Chicago Sahin Sercin Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income. Gümüşhane Üniversitesi Sosyal Bilimler Dergisi 13, no.1 (2022): 1 - 17.
MLA Sahin Sercin Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income. Gümüşhane Üniversitesi Sosyal Bilimler Dergisi, vol.13, no.1, 2022, ss.1 - 17.
AMA Sahin S Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income. Gümüşhane Üniversitesi Sosyal Bilimler Dergisi. 2022; 13(1): 1 - 17.
Vancouver Sahin S Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income. Gümüşhane Üniversitesi Sosyal Bilimler Dergisi. 2022; 13(1): 1 - 17.
IEEE Sahin S "Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income." Gümüşhane Üniversitesi Sosyal Bilimler Dergisi, 13, ss.1 - 17, 2022.
ISNAD Sahin, Sercin. "Aggregate Firm Behavior Under Uncertainty, Sentiments, and Aggregate Income". Gümüşhane Üniversitesi Sosyal Bilimler Dergisi 13/1 (2022), 1-17.