Optimism, Pessimism, and Short-Term Fluctuations /

Economic theory offers several explanations as to why shifting expectations about future economic activity affect current demand. Abstracting from whether changes in expectations originate from swings in beliefs or fundamentals, we test empirically whether more optimistic or pessimistic potential ou...

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Bibliografski detalji
Glavni autor: Di Bella, Gabriel
Daljnji autori: Grigoli, Francesco
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2018.
Serija:IMF Working Papers; Working Paper ; No. 2018/001
Online pristup:Full text available on IMF