COVID crisis depends crucially on whether bankruptcies and changes in habit make existing capital obsolete. A policy that …

policy decisions. Given that such uncertainty could be mitigated if data revisions were predictable, this paper sets out to … revised. Implicitly, the possibility of data revisions creates an element of uncertainty around the very same data driving …, contemporaneous and (forecasted) future Maltese output data could be interpreted in real time. The uncertainty surrounding these …

How do real-time expectations affect firms' economic decisions? We provide evidence by using a dataset on Japanese … persistent decline in investment. Moreover, the territorial dispute has led to persistent pessimism in these firms' expectations … multinational firms' sales forecasts and exploring an unexpected escalation of a territorial dispute between China and Japan in 2012 …

compliance behavior during the acute phase of the COVID-19 pandemic. Using rich data on subjective expectations collected during … mental health. But we also document substantial heterogeneity in preferences and/or expectations by vulnerability status …, gender, and other individual characteristics. In our data, both preferences and expectations matter for explaining gender …

credit shock accounts for lower entry, higher exit, and concentration of exit among young firms during the Great Recession …

We analyse the risk of mafia capture of firms operating in the legal economy. Specifically, we study the relationship … induced sudden and significant worsening of affected firms financial conditions increased the likelihood of them being … partly offset by the extraordinary measures put in place by the government to support financially distressed firms …

dollar on a representative sample of firms in a small open economy. We survey a nationally representative sample of firms and … managers. This information treatment is effective in shifting exchange rate expectations and perceptions. These effects are … persistent and larger for non-exporting firms. Linking survey responses with administrative census data, we estimate a positive …