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How Do Firms Form Their Expectations? New Survey Evidence

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NBER2015-04-01 更新2025-01-04 收录
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We implement a new survey of firms macroeconomic beliefs in New Zealand and document a number of novel stylized facts from this survey. Despite nearly twenty-five years under an inflation targeting regime, there is widespread dispersion in firms beliefs about both past and future macroeconomic

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2015-04-01
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