This paper analyzes how firm‐specific forecast errors derived from survey data of German manufacturing firms over 2007–2011 relate to firms' investment propensity. Our findings reveal that asymmetries arise depending on the size and direction of the forecast error. The investment propensity...

This paper analyses how firm-specific forecast errors derived from survey data of German manufacturing firms over 2007-2011 affect firms' investment propensity. Understanding how forecast errors affect firm investment behaviour is key to mitigate economic downturns during and after crisis...

This paper analyses how firm-specific forecast errors derived from survey data of German manufacturing firms over 2007–2011 affect firms’ investment propensity. Understanding how forecast errors affect firm investment behaviour is key to mitigate economic downturns during and after crisis...

This paper analyzes how firm-specific uncertainty affects firms' propensity to invest. We measure firm-specific uncertainty as firms' absolute forecast errors derived from survey data of German manufacturing firms over 2007-2011. In line with the literature, our empirical findings reveal a...

This paper analyzes how firm-specific uncertainty affects firms’ propensity to invest. We measure firm-specific uncertainty as firms’ absolute forecast errors derived from survey data of German manufacturing firms over 2007–2011. In line with the literature, our empirical findings reveal a...