Kōnstantinidēs, Giōrgos; Montone, Maurizio; Potì, … - National Bureau of Economic Research - 2023
affecting productivity. By contrast, sentiment shocks in non-G7 countries predict prolonged economic growth and a corresponding … increase in productivity. The results suggest that sentiment can indeed create economic booms, but only in less advanced …Previous research finds correlation between sentiment and future economic growth, but disagrees on the channel that …