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managers' baseline expectations. The managers then estimate the short- and medium-term cost, price, and output effects of the …
Persistent link: https://www.econbiz.de/10013460905
This paper studies the dynamic effects of an uncertainty shock on firm expectations. We conduct a survey that confronts …
Persistent link: https://www.econbiz.de/10012888676
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 …
Persistent link: https://www.econbiz.de/10012705555
This paper studies the dynamic effects of an uncertainty shock on firm expectations. We conduct a survey that confronts …
Persistent link: https://www.econbiz.de/10012663180
Prospective economic developments depend on the behavior of consumer spending. A key question is whether private expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis has a sustained impact on consumer confidence, preferences, and, hence, spending....
Persistent link: https://www.econbiz.de/10012665880
Prospective economic developments depend on the behavior of consumer spending. A key question is whether private expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis has a sustained impact on consumer confidence, preferences, and, hence, spending....
Persistent link: https://www.econbiz.de/10012643267
This paper contributes to the policy discussion on Covid-19 by presenting real-time evidence on the magnitude of the shock for Italian firms. We take advantage of unique panel data on 7,800 companies between January 2020 {right before the pandemic{ and March of the same year {in the midst of...
Persistent link: https://www.econbiz.de/10012268419
effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household … upward adjustments in expectations about household debt, desired working hours, and retirement age. Finally, respondents …
Persistent link: https://www.econbiz.de/10012206687
Job loss expectations were widespread among workers in East Germany after reunification with West Germany. Though … respect to their job risk. Over time, job loss expectations fell and converged to West German levels, which was driven by a … up to West Germans regarding the accuracy of job loss expectations. …
Persistent link: https://www.econbiz.de/10012439698
Job loss expectations were widespread among workers in East Germany aftfter reunification with West Germany. Though … with respect to their job risk. Over time, job loss expectations fell and converged to West German levels, which was driven … quickly caught up to West Germans regarding the accuracy of job loss expectations. …
Persistent link: https://www.econbiz.de/10012496523