Firm expectations and economic activity

We assess how survey expectations impact production and pricing decisions on the basis of a large panel of German firms. We identify the causal effect of expectations by matching firms with the same fundamentals but different views about the future. The probability to raise (lower) production is 15...

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Bibliographic Details
Main Authors: Enders, Zeno (Author) , Hünnekes, Franziska (Author) , Müller, Gernot J. (Author)
Format: Book/Monograph Working Paper
Language:English
Published: Munich, Germany CESifo, Center for Economic Studies & Ifo Institute [2019]
Series:CESifo working paper Category 6, Fiscal policy, macroeconomics and growth no. 7623 (April 2019)
In: CESifo working papers (no. 7623 (April 2019))

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Online Access:Resolving-System, kostenfrei, Volltext: http://hdl.handle.net/10419/198983
Verlag, kostenfrei, Volltext: http://www.cesifo-group.de/ifoHome/publications/docbase/DocBase_Content/WP/WP-CESifo_Working_Papers/wp-cesifo-2019/wp-cesifo-2019-04/12012019007623.html
Verlag, kostenfrei, Volltext: http://www.cesifo-group.de/DocDL/cesifo1_wp7623.pdf
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Author Notes:Zeno Enders, Franziska Hünnekes, Gernot J. Müller
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