At the zero lower bound, the scale and scope of non-conventional monetary policies have become the key decision variables for monetary policy makers. In the UK, quantitative easing has involved the creation of a fund to purchase medium term dated government bonds with borrowed central bank...

At the zero lower bound, the scale and scope of non-conventional monetary policies have become the key decision variables for monetary policy makers. In the UK, quantitative easing has involved the creation of a fund to purchase medium term dated government bonds with borrowed central bank...

Using the business cycle accounting (BCA) framework pioneered by Chari, Kehoe and McGratten (2006) we examine the 2008-09 recession in the UK. There has been much commentary on the financial causes of this recession, which we might have expected to shock the equation governing the intertemporal...

As a result of Britain's decision to leave the EU, global economic output is likely to grow at a somewhat slower pace than anticipated. The decision will have consequences for the UK and for the euro area in particular; this is also confirmed by simulations produced by the National Institute...

Durch die Brexit-Entscheidung dürfte die Wirtschaftsleistung weltweit mit etwas geringerem Tempo als erwartet zulegen. Vor allem im Vereinigten Königreich und im Euroraum macht sich die Entscheidung bemerkbar; dies bilden auch Simulationen mit dem NiGEM-Modell ab. So führen die erwartete...

This paper focuses on urban road pricing as a demand management policy that is often regarded as radical and generally unacceptable. Road pricing often gets delayed or abandoned due to low acceptability. This may be due to the fact that complex interactions and drivers of change affect road...

Prior research documents that managers respond to an exogenous decrease in analyst coverage by increasing the quantity of earnings forecasts, presumably to fill the information void left by a reduction in coverage. I extend this research by considering management forecast quality and an...

Durch die Brexit-Entscheidung dürfte die Wirtschaftsleistung weltweit mit etwas geringerem Tempo als erwartet zulegen. Vor allem im Vereinigten Königreich und im Euroraum macht sich die Entscheidung bemerkbar; dies bilden auch Simulationen mit dem NiGEM-Modell ab. So führen die erwartete...

We examine the impact of “social media analysts,” individuals posting equity research online via social media investment platforms, on the relevance of research produced by professional sell-side equity analysts. Using data from Seeking Alpha, we find that the market reaction to sell-side...