Uncertainty and Change: Survey Evidence of Firms’ Subjective Beliefs
收藏NBER2021-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29430
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资源简介：
This paper studies how managers plan under uncertainty. In a new panel survey of German manufacturing firms, we observe both forecasts of sales growth and a quantitative measure of subjective uncertainty. We show that subjective uncertainty reflects change experienced by firms: it is high when
提供机构：
美国国家经济研究局
创建时间：
2021-11-01
