Mikosch, Heiner; Roth, Christopher; Sarferaz, Samad; … - 2021
endogenous information acquisition, using tailored surveys of firms and households. First, we show that firms perceive a greater … acquiring or processing information acquire less information. Finally, an exogenous increase in the perceived uncertainty of the … exchange rate increases firms’ demand for a report about exchange rate developments, but not households’. Our findings inform …