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measured in follow-up surveys. Higher macroeconomic uncertainty induces households to reduce their spending on non …
Persistent link: https://www.econbiz.de/10012491975
Using a new survey of firms' inflation expectations in France, we provide novel evidence about the measurement and formation of inflation expectations on the part of firms. First, French firms report inflation expectations with a smaller, but still positive, bias than households and display less...
Persistent link: https://www.econbiz.de/10012873113