This paper examines how firms in developing countries respond to changes in monetary policy. Using data from the World Bank Enterprise Surveys and a newly constructed database of policy changes, the study finds that firms perceive credit access as more restrictive immediately following a...

This paper examines how firms in developing countries respond to changes in monetary policy. Using data from the World Bank Enterprise Surveys and a newly constructed database of policy changes, the study finds that firms perceive credit access as more restrictive immediately following a...

This paper replicates and extends the work of Altig et al. (2022) on firms' subjective sales growth expectations using Canadian survey data from the Bank of Canada's Business Leaders' Pulse. We examine the formation, uncertainty and predictive validity of firm-level sales growth forecasts using...

This paper replicates and extends the work of Altig et al. (2022) on firms' subjective sales growth expectations using Canadian survey data from the Bank of Canada's Business Leaders' Pulse. We examine the formation, uncertainty and predictive validity of firm-level sales growth forecasts using...