Abstract
The climate of entrepreneurs’ opinion in the Federal Republic of Germany has steadily deteriorated during the last four business cycles according to the IFO Institute’s Business Survey1. These changes in the perceptions and expectations of German businessmen can be explained to some extent by the effects of negative psychosocial stimuli.
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Notes
W. H. Strigel: Erwartungen als Wachstumsbremse. “IFO-Schnelldienst”, Vol. 29 (1976), No. 34, pp. 5–8.
For measuring the length of the different cycles see E. Langmantel: Spätphasen der Hochkonjunktur. “CIRET-Studien” No. 23, München 1976.
M. Gaibinger, G. Nerb and W. H. Strigel: Zur Lebensqualität in der Wirtschaft — Ein Befragungsexperiment. “IFO-Schnelldienst”, Vol. 29 (1976), No. 1, pp. 6–7.
See F. Neumann: Investitionsmotive verschieben sich. “Ifo-Schnelldienst”, Vol. 29 (1976), No. 33, pp. 3–9.
See M. Gaibinger et. al., op.cit. and G. Nerb and W. H. Strigel: Entrepreneurs’ Perception of Social Environment and its Influence on Growth Expectations. Paper presented at the 13th CIKET-Conference in Munich on 16th September, 1977.
See L. Levi: Society, Stress and Disease. The Psychosocial Environment and Psychosomatic Diseases. London 1971.
L. Levi: Stress and Distress in Response to Psychosocial Stimuli. Amsterdam 1972.
A. W. v. Eiff (ed.): Seelische und körperliche Störungen durch Stress. Stuttgart and New York 1976.
G. Nerb and W. H. Strigel, op.cit.
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Strigel, W.H. (1977). Expectations Curbing Growth. In: Strigel, W.H. (eds) In Search of Economic Indicators. Lecture Notes in Economics and Mathematical Systems, vol 146. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-48304-2_7
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