Researchers typically collect experimental data sequentially, allowing early outcome observations and adaptive treatment assignment to reduce exposure to inferior treatments. This article reviews multi-armed-bandit adaptive experimental designs that balance exploration and exploitation. Because...

This paper documents the evolution of labor earnings and earnings dynamics in Greece during 2002–2023 using administrative matched employer–employee data from the Greek social security system. The data span the expansion of the 2000s, the deep recession of 2009–2013, and the subsequent...

This article provides a novel insight into whether earnings manipulation signals are reflected in banks' internal credit risk estimates, as measured by the probability of default (PD) estimates, and whether such manipulation has an impact on credit risk (point in time or deferred). The...

Economic growth in East Asia and the Pacific (EAP) has remained resilient amidst increased trade restrictions and still-elevated global policy uncertainty. Overall regional growth is projected to slow in 2026 but that is largely because of deceleration in China amid persistent weakness in...

How do geopolitical factors ripple through the European sovereign bond yields? And does this effect differ between Eastern and Western European markets? These two crucial, but not yet fully answered questions motivated us to investigate the link between geopolitical factors and sovereign bond...

We use Gallup World Poll data from over 150 countries from 2009-2019 at both the individual and country levels to revisit the relationship between income and subjective wellbeing. Our inspiration is the paradox first proposed by Easterlin (1974), according to which higher incomes are associated...

We examine the changing attention that ECB Governing Council members pay to different policy objectives by analysing more than 4,600 speeches given between the establishment of the ECB and the summer of 2024. Alongside the primary objective of price stability, we consider the following potential...

We examine the changing attention that ECB Governing Council members pay to different policy objectives by analysing more than 4,600 speeches given between the establishment of the ECB and the summer of 2024. Alongside the primary objective of price stability, we consider the following potential...

We examine the changing attention that ECB Governing Council members pay to different policy objectives by analysing more than 4,600 speeches given between the establishment of the ECB and the summer of 2024. Alongside the primary objective of price stability, we consider the following potential...