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Measuring business-level expectations and uncertainty: survey evidence and the COVID-19 pandemic

Utilizing a unique firm-level survey in Japan that contains five-bin forecasts for sales, we document three findings. First, firm-level subjective uncertainty is highly and positively related to volatility of past firm growth. Second, there are substantial variations in subjective uncertainty across...

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Detalhes bibliográficos
Publicado no:Jpn Econ Rev (Oxf)
Main Authors: Chen, Cheng, Senga, Tatsuro, Zhang, Hongyong
Formato: Artigo
Idioma:Inglês
Publicado em: Springer Singapore 2021
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC8260330/
https://ncbi.nlm.nih.gov/pubmed/34248384
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1007/s42973-021-00078-8
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