In recognising its key role in developing European policies and legislation the European Commission has published the "Better Regulation Guidelines" aiming to improve the quality of drafting legislation. According to those guidelines, better regulation is "(...) a way of working to ensure, that...

In most of the existing academic literature the notion of transparency in monetary policy is defined in too simple terms to be of practical relevance. This paper suggests a conceptual framework, which distinguishes different - and potentially conflicting - aspects of transparency. When there are...

Corona virus pandemic which hit the world in late 2019 led to the closing down of schools and colleges across countries and teaching-learning shifted to a digital model. In absence of any policy in place for such digital transformation of education, the shift was haphazard. Even today...

It is believed that interventions that change the media's costs of misreporting can increase the information provided by media outlets. This paper analyzes the validity of this claim and the welfare implications of those types of interventions that affect misreporting costs. I study a model of...