Quantitative Easing programs between 2008 and 2015 dramatically transformed the Fed's balance sheet in size, in liability composition, and in asset composition. While the QE programs accelerated the monetary base (M0) at an unprecedented rate, they did not accelerate the quantity of money held...

While most previous studies focus on the monopoly aspect of works council introductions, this article explores the collective voice face of introductions and investigates workers’ decision as an exit–voice consideration. Using a large linked employer–employee dataset from Germany, the...