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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 …
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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 …
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investment and investment in energy saving technologies,using subjective evaluations of expectations and uncertainty of Dutch …This paper analyses the effect of uncertainty on investment spending. We analyse twotypes of investment, i.e. aggregate … general investment spending. Furthermore, expectationsand uncertainty have important although different effects on investment …
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