Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/318488 
Erscheinungsjahr: 
2025
Schriftenreihe/Nr.: 
WIFO Working Papers No. 704
Verlag: 
Austrian Institute of Economic Research (WIFO), Vienna
Zusammenfassung: 
Does interaction between firms lead to a streamlining of expectations? We test for the existence of a so-far ignored channel of expectation formation and diffusion by matching a regular Austrian business survey on firm expectations with the schedule and confirmed exhibitors at trade fairs. We find that in the month after a firm has exhibited at a trade fair, its production expectations react stronger to consensus expectations than in other months. We thus provide first micro-level evidence suggesting that firms' beliefs are shaped by information from other firms with whom they meet and potentially trade.
Schlagwörter: 
Expectations
survey data
incomplete information
JEL: 
E32
E71
D84
URL der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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