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Why are some people more optimistic about their life than others? Literature on locus of control suggests that optimism is associated with the belief that one's life outcomes are controlled by internal factors, such as ability, instead of external factors, such as powerful others or chance....
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are higher that companies are more likely to exhibit more pessimistic business expectations for the upcoming months on … Mondays and more optimistic expectations at the end of the week. The same holds for the assessment of the current business …
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This paper introduces a new measure of fiscal policy uncertainty based on the disagreement among professional … brake' on fiscal policy uncertainty. Finally, we conduct an impulse response analysis to investigate the effect of fiscal … policy uncertainty on the real economy and we provide robust evidence that fiscal policy uncertainty significantly decreases …
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expectations and uncertainty, albeit to a much lesser extent than the domestic policy changes. … declined and business uncertainty increased only when the spread of the COVID-19 pandemic led to domestic policy changes: The …
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expectations and uncertainty, albeit to a much lesser extent than the domestic policy changes. … declined and business uncertainty increased only when the spread of the COVID-19 pandemic led to domestic policy changes: The …
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