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Trial Status in_development completed
Last Published April 10, 2020 11:46 AM August 18, 2021 11:18 AM
Primary Outcomes (End Points) Nominal Exchange Rate Expectations Inflation Expectations Employment Growth Wage bill growth Price Changes Sales growth Export growth Input expenditure mix Investment Nominal Exchange Rate Expectations Inflation Expectations Employment Growth Wage bill growth Price Changes Sales growth Export growth Input expenditure mix Investment Other expectations
Experimental Design (Public) We will give short descriptions of public information stated in the monetary policy briefings produced by the central bank. These descriptions will be focused on the expectation of the central bank and professional forecasters about inflation and exchange rates. After providing this information to a randomly selected group of firm managers, we will ask about their inflation and exchange rate expectations, and link their responses to firm-level outcomes. We will give short descriptions of public information stated in the monetary policy briefings produced by the central bank. These descriptions will be focused on the expectation of the central bank and professional forecasters about inflation and exchange rates. After providing this information to a randomly selected group of firm managers, we will ask about their inflation, exchange rate, and other business condition expectations, and link their responses to firm-level outcomes.
Randomization Unit Firm - time: Each period, the firms will be assigned to a treatment, control or placebo groups according to the randomization method stated before. Firm: firms will be assigned to a treatment, or control groups according to the randomization method stated before.
Sample size (or number of clusters) by treatment arms 167 treatment 167 control 166 placebo 250 treatment 250 control
Keyword(s) Firms And Productivity, Other Firms And Productivity, Other
Building on Existing Work No
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