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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| Natura: | Periodico |
| Lingua: | English |
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Washington, D.C. :
International Monetary Fund,
2018.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2018/001 |
| Accesso online: | Full text available on IMF |