• Title/Summary/Keyword: expectations

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Determinants of Inflation Expectations of South Korean Consumers (한국 소비자의 기대 인플레이션 결정요인)

  • Young-Bin Ahn
    • Asia-Pacific Journal of Business
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    • v.14 no.4
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    • pp.413-429
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    • 2023
  • Purpose - The purpose of this study is to investigate the determinants of consumers' inflation expectations using consumers' inflation perceptions and the sub-components of consumer price index (CPI) basket in South Korea based on a consumer survey conducted by the Bank of Korea (BOK). Design/methodology/approach - Using Carroll's (2003) epidemiological model, we analyzed data from January 2013 to January 2023, resulting in a data set of 121 observations for both inflation perceptions and inflation expectations. This study focuses only on aggregate inflation expectations and perceptions because of data availability from the BOK. Findings - Professionals' forecasts play a major role in forming consumers' inflation expectations, whereas the actual headline CPI and consumers' inflation perceptions do not. These results remain robust when including the sub-components of the CPI basket in the analysis. Research implications or Originality - It would be the most efficient way to suppress professionals' expected inflation in fighting against a substantial spike in consumers' inflation expectations. To guide consumers' inflation expectations based on BOK's inflation targeting, the bank needs to consider professionals' forecasts in devising monetary policies.

Outcome Expectations and Social Entrepreneurial Intention: Integration of Planned Behavior and Social Cognitive Career Theory

  • LUC, Phan Tan
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.399-407
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    • 2020
  • The paper examines social entrepreneurial intention through outcome expectations. The proposed model incorporates outcome expectations from social cognitive career theory and theory of planned behaviors. The study also introduces a scale for outcome expectations in social entrepreneurship, including solving social problems, innovation, family tradition of social involvement, meaning in life, prestige and social recognition, competitive and favorite job and wealth. A survey of 279 students was conducted through face-to-face structured interviews. The confirm factor analysis and technique of structural equation modeling were used to explore relationships among latent constructs. Research results show that the outcomes impact only through three determinants of theory of planned behavior and do not have significant impact to social entrepreneurial intention. It suggests that outcome expectations may be a flexible factor. Individual outcome expectations can shift to motivations when facing favorable conditions such as family support, government support, etc. The findings suggest that the ability to predict social entrepreneurial intention of attitude toward behavior, subjective norms, and perceived behavioral control. The proposed model in this study contributes importantly to the emerging literature on entrepreneurial intention, particularly to social entrepreneurial intention. This study is also the first quantitative study to measure the impact of outcome expectations on social entrepreneurial intention.

A Study on the Use Intention of Xiaomi in Korean Market

  • Jin, Peng-Ru;Lee, Jong-Ho
    • The Journal of Industrial Distribution & Business
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    • v.9 no.11
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    • pp.17-24
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    • 2018
  • Purpose - The portability, functionality, and convenience of smart phones are constantly updated. With the rapid popularization of users of mobile terminals, Xiaomi is also developing rapidly. In February 2015, the users of Xiaomi exceeded 100 million people. As a transnational industry, Xiaomi has developed rapidly in not only China but also Korea. However, through the literature review, there is no radmissible study on the Xiaomi mobile telephones in the Korean market, so it is necessary to study the Xiaomi mobile phones in Korean market. Research design, data, and methodology - Figure analysis of data and social science analytical software of IBM SPSS AMOS 23.0 and IBM Statistics 23.0 were used for all the data researched. Results - First, the innovative diffusion temperament and the compatibility of Xiaomi have positive impacts on achievement expectations and effort expectations. Second, the innovative diffusion temperament and the complexity of Xiaomi have negative impacts on achievement expectations and effort expectations. Third, the innovative diffusion characteristics and the relative superiority of Xiaomi have positive impacts on achievement expectations and effort expectations. Conclusions - Through the analysis of the prior study, the innovation acceptance characteristics consist of compatibility, complexity, relative superiority, observation possibility, and the attempt possibility; the technical acceptance characteristics consist of achievement expectations, effort expectations, social influence, promotion condition, the study conducts relevant research on the continued use intention and analyze the hypothesis of research model.

Expectations for a Tele- Health Surveillance System by Residents of an Information Network Village (일 정보화 마을주민의 재택 건강관리 시스템에 대한 기대수준)

  • 박소미;황성오
    • Korean Journal of Health Education and Promotion
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    • v.21 no.1
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    • pp.285-295
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    • 2004
  • Purpose: The purpose of this study was to investigate the expectations toward a tele-health surveillance system by residents of an information network village. Method: A descriptive study was conducted using interviews with a questionnaire. Of the households in the village, 24 were selected for inclusion in a pilot study. All of the residents from these households, for a total of 67, participated in the survey. Result: Expectations for promotion of health by a tele-health surveillance system were higher in residents with higher level of education. Expectations for effectiveness of disease management and promotion of health status by a tele-health surveillance system were higher in residents with family history or experience with emergencies. The higher scores for health knowledge and health concerns were associated with higher expectations for effectiveness of disease management and promotion of health by a tele-health surveillance system Conclusion: Analysis of the characteristic of the residents should precede implementation of a tele-health surveillance system in any location as expectations for tele-health surveillance system differ according to the characteristics.

A study on subjective awareness and expectations of implant patients (임플란트 시술환자의 주관적 인식 및 기대도)

  • Go, Eun-Jeong;Jang, Gye-Won
    • Journal of Korean society of Dental Hygiene
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    • v.10 no.1
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    • pp.107-125
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    • 2010
  • Objectives : The purpose of this study was to examine the subjective awareness and expectations of implant patients. Methods : The subjects in this study were 200 implant patients at three different dental clinics in the region of Busan. Results : Concerning awareness of implant, the patients aged between 41 and 50 were best aware of implant with 2.85(p<0.05). By education, those who received college or higher education were best aware of it with 3.53(p<0.001). By income, those whose income was three million won or more were best aware of it with 2.95(p<0.05). As for expectations for implant, the women expected more from it with 2.89(p<0.01). By age, those aged between 41 and 50 had the biggest expectations with 3.63(p<0.001). By education, the patients whose income ranged between 2 and 2.99 million won had the greatest expectations with 2.91(p<0.05). Education and occupation made no significant differences to that. In regard to correlation among their knowledge, awareness and expectations for implant, there was a positive correlation between their knowledge and awareness(0.439), and their awareness had a negative correlation to their expectations(-0.147). Conclusions : The above-mentioned findings suggested that what patients expect from implant should accurately be grasped when counseling is provided, and that accurate information should be provided to them as well. Their cooperation should be requested during implant treatment, and special post-care programs should be prepared to boost their quality of life after receiving implant treatment. Quality medical services should be offered in proportion to the cost of treatment in order to satisfy their expectations.

Korean Households' Inflation Expectations and Information Rigidity (우리나라 일반인 인플레이션 기대 형성 행태 분석)

  • Lee, Hangyu;Choi, Jinho
    • KDI Journal of Economic Policy
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    • v.37 no.sup
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    • pp.33-63
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    • 2015
  • This paper attempts to investigate the Korean households' inflation expectations with particular attention to information rigidity. For this purpose, we derive an empirical model from a sticky information model $\acute{a}$ la Mankiw and Reis (2002) and estimate it. In addition, it is also examined whether the expectation formation is state-dependent on macroeconomic conditions. The main findings of this paper are as follows. First, it turns out that the information rigidity in Korean households' inflation expectations is very high. In a month, most of the households simply keep their inflation expectations the same as before instead of updating them based on newly arrived information. Furthermore, when updating their expectations, the households tend to rely on the backward-looking information such as actual inflation rates in the past rather than on the forward-looking forecasts by experts. Second, it is found that the expectation formation is varying as inflation rate changes. Specifically, when the inflation is high, the sensitivity of the households' inflation expectations to actual inflation increases and the gap between inflation expectations and actual inflation shrinks. It implies that Korean households update their expectations more frequently when the inflation matters than not.

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Stakeholder's Expectations in the National Space Exploration Enterprise (우리나라 우주개발사업에서 이해당사자(Stakeholder)의 기대조건)

  • Lee, Chang-Jin
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.39 no.11
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    • pp.1077-1085
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    • 2011
  • Various stakeholder's expectations and constraints are to be efficiently resolved into a program consensus prior to the beginning of its substantial design processes. This study focuses on the analysis of the stakeholder's expectations in determining the design requirements at the initial stage of space exploration programs including Naro launcher and currently on-going KSLV-II program. Naro program seems to unilaterally account for the government expectations of accelerating program phase speed without making any efforts to converge various expectations from related sectors. The planning of Naro launcher is also found lack of the concept of operations (ConOps), which is of critical importance by envisaging the operational applications of end products. Similarities are found in KSLV-II program regarding the lack of implementation for stakeholder's expectations. Moreover, the government plan for KSLV-II disclosed without considering all expectations and other comments. The increase in design conflicts and program uncertainties would be unavoidable, if the government plan for KSLV-II would be insisted. It is required to modify the government plan and to establish the ConOps with the convergence of stakeholder's expectations at this early stage of the program.

Korean Version of the Outcome Expectations for Exercise Scale-2: Validation Study (한국판 운동기대감 측정도구 (K-OEE-2)의 타당도와 신뢰도)

  • Choi, Mona;Jung, Dukyoo
    • Korean Journal of Adult Nursing
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    • v.24 no.6
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    • pp.580-587
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    • 2012
  • Purpose: To develop and test the validity and reliability of the Korean version of outcome expectations-2 for exercise. Methods: The Korean version of outcome expectations for exercise-2 was developed through forward-backward translation techniques. Content, criterion, and construct validity using confirmatory factor analysis and an internal consistency reliability were conducted. Survey data were collected from 200 older adults living in a community. Results: The Korean version of outcome expectations for exercise-2 had factor loadings of the 13 items ranged from .20 to .76, and was validated by confirmatory factor analysis (CFI=.829, NFI=.754, RMSEA=.086). Also there was a reliable internal consistency with a Cronbach's ${\alpha}$ for the positive domain of outcome expectations for exercise scale-2 of .73. Negative domain, however, reported slightly low Cronbach's ${\alpha}$ of .63. Conclusion: The findings of this study demonstrated that the Korean version of outcome expectations for exercise-2 had satisfactory validity to measure expectations regarding exercise among older adults in Korea. Negative domain, however, should be retested to verify reliability for the further study.

Development of a Korean version of the job expectations scale for dental hygienists (한국형 치과위생사 직업기대 수준 측정 도구 개발)

  • Mi-Ae Jeong;Hyeong-Mi Kim;Jung-Hee Bae
    • Journal of Korean society of Dental Hygiene
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    • v.23 no.5
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    • pp.369-377
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    • 2023
  • Objectives: The aim of this study was to develop and validate a Korean-adapted version of the job expectations scale for dental hygienists. Methods: To achieve this goal, a comprehensive methodology was employed, including frequency analysis, exploratory factor analysis (maximum likelihood, direct oblimin rotation), confirmatory factor analysis, Cronbach's α reliability, independent t-test, and one-way ANOVA (Duncan post-hoc test) were performed. Results: The Korean version of job expectations scale for dental hygienists comprised 21 items in the personal domain and 5 items in the social domain. The scale demonstrated high construct validity, convergent validity, discriminant validity, and reliability were found. While dental hygienists were found to have higher expectations in the their personal domain than the social domain, expectations in the social domain were higher among male hygienists, those with a bachelor's degree or higher, those in regular permanent employment, and those working in hospital-level or higher facilities. Conclusions: Job expectations is a more comprehensive construct than job roles or professional identity. We anticipate that the instrument will be widely used to analyze trends in job expectations in response to changes in societal values regarding to dental hygienists, the gap between realities and ideals within the dental hygiene profession, and policy considerations.

Perception on Expectation of Prosthetics and Implant of Workers in Ulsan (울산지역 근로자의 보철물과 임플란트의 기대수준에 대한 인식)

  • Cho, Mi-Suk;Kim, Chang-Suk
    • The Journal of the Korea Contents Association
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    • v.14 no.5
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    • pp.281-288
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    • 2014
  • This study has surveyed patient education and counseling, based on the data you want to utilize the expectations on dental prosthetic appliances (denture, bridge) and implants among 307 workers who participated in reservists mobilization training of Hyundai Heavy Industries located in Ulsan City. The reliability of expectations on dental prosthetic appliances and implants were fairly high at cronbach'${\alpha}$ of .971 and .967 respectively. The collected data was analyzed through IBM SPSS Statistics. v. 19.0 program at the significance level of 0.05. The research findings are as follows. First, the expectations on prosthetic appliances scored an average of 3.98. Second, the expectations on implants scored an average of 3.74. Third, the expectations on implants depending on subjective health status scored an average of 3.74, which were statistically significant (p=0.003). Fourth, the differences in expectations on implants depending on the concerns for oral hygiene care scored an average of 3.74, which were statistically significant (0<0.001). Fifth, the expectations on prosthetic appliances and implants were strongly correlated at 0.392. As a result of implants of prosthodontics need for accurate information transfer.