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This article is set within the framework of studies focusing on the impact of the SARS-CoV-2 virus on the dynamics of economic activity. For the purposes of the analysis of the expectations expressed in business tendency surveys, the paper aims to verify whether the pandemic of 2020-2022 can be...
Persistent link: https://www.econbiz.de/10015052134
Rationality of economic agents belongs to the basic assumptions of neoclassical economic theory, and for decades it has inspired research on whether expectations are indeed formed rationally. Direct data on expectations are available mainly through business tendency surveys which are subject to...
Persistent link: https://www.econbiz.de/10010820072
Expectations concerning key economic variables certainly influence decisions undertaken by economic agents. Since assumption of rationality forms the basis of neoclassical economic theory, question of whether expectations of industrial enterprises are indeed formed rationally deserves careful...
Persistent link: https://www.econbiz.de/10008497143
Expectations concerning key economic variables certainly influence decisions undertaken by economic agents. Since assumption of rationality forms the basis of neoclassical economic theory, question of whether expectations of industrial enterprises are indeed formed rationally deserves careful...
Persistent link: https://www.econbiz.de/10010610816
Rationality of economic agents belongs to the basic assumptions of neoclassical economic theory, and for decades it has inspired research on whether expectations are indeed formed rationally. Direct data on expectations are available mainly through business tendency surveys which are subject to...
Persistent link: https://www.econbiz.de/10010659495
A method of analyzing rationality of expectations of economic agents, based on contingency tables, is applied to price expectations of Polish industrial enterprises. The source of data are surveys designed by the Economic Development Institute of the Warsaw School of Economics within the...
Persistent link: https://www.econbiz.de/10005113469