This paper analyzes the role of uncertainty on both exchange rate expectations and forecast errors of professionals for … uncertainty as well as disagreement among CPI inflation forecasters to account for different dimensions of uncertainty. Based on a … the adjustment of exchange rate expectations. Our findings are robust to different forecasting horizons and point to an …

short-time window to test the impact of deteriorating expectations and uncertainty on firms' R&D choices. Our results show a … dramatic effect of firms' expectations about future market conditions. In this regard, internationalized and innovative … discontinuing research plans. Beyond the role played by expectations, innovative characteristics already in place are found to …