No Firm is an Island? How Industry Conditions Shape Firms' Aggregate Expectations
收藏NBER2020-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27317
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资源简介：
We study how firms expectations and actions are affected by both aggregate and industry-specific conditions using a survey of French manufacturing firms. We document two novel features. First, the adjustment of firms expectations is more rapid after industry-specific shocks than aggregate shocks.
提供机构：
美国国家经济研究局
创建时间：
2020-06-01
