FIRMS’ PRICE, COST AND ACTIVITY EXPECTATIONS: EVIDENCE FROM MICRO DATA
Firms’ expectations play a central role in modern macroeconomic models, but little is known empirically about them. Using panel data on manufacturing firms’ expectations about prices and wage rates, new orders, employment and unit costs for the United Kingdom, we document a range of stylised facts a...
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| Published in: | The Economic journal (London) 2020-04, Vol.130 (627), p.555-586 |
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| Main Authors: | , , , |
| Format: | Article |
| Language: | English |
| Citations: | Items that this one cites Items that cite this one |
| Online Access: | Get full text |
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