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The Macroeconomic Expectations of Firms

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NBER2022-05-01 更新2025-01-04 收录
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Using surveys of firms around the world, we review existing evidence on how firms form their macroeconomic expectations. Several facts stand out. First, the mean inflation forecasts of firms often deviate significantly from those of professional forecasters and households. Second, disagreement about

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2022-05-01
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