This report presents an analysis of the Central Bank of the Republic of Azerbaijan's (CBA) communication framework and offers recommendations for enhancement. The technical assistance mission, led by the IMF Monetary and Capital Markets Department, aimed to modernize the CBA's communication...

We study the evolution of the European Central Bank's (ECB) monetary policy since July 2021, following the adoption of a new strategy and amid a period of volatile inflation. Utilizing text analysis, we assess changes in the general sentiment of the ECB's communication. Additionally, we employ...

Wie ließe sich Wissenschaftsfreiheit definieren? Paradigmatische Möglichkeiten, das zu beantworten, was als Wissenschaftsfreiheit beschrieben wird, bietet die Systemtheorie Bielefelder Provenienz. Wird entsprechend bei dem Beschreiben angesetzt, denn Beschreibung gehört zu den Ordnungsformen...

Die vorliegende empirische Arbeit befasst sich mit den Herausforderungen, die sich aus der Umsetzung strategischer interkultureller Führungskonzepte im globalen Supply-Chain-Management ergeben. Dabei wird ein mitteständisches deutsches Industrieunternehmen als Fallbeispiel herangezogen. Die...

Wie ließe sich Wissenschaftsfreiheit definieren? Paradigmatische Möglichkeiten, das zu beantworten, was als Wissenschaftsfreiheit beschrieben wird, bietet die Systemtheorie Bielefelder Provenienz. Wird entsprechend bei dem Beschreiben angesetzt, denn Beschreibung gehört zu den Ordnungsformen...

Die vorliegende empirische Arbeit befasst sich mit den Herausforderungen, die sich aus der Umsetzung strategischer interkultureller Führungskonzepte im globalen Supply-Chain-Management ergeben. Dabei wird ein mitteständisches deutsches Industrieunternehmen als Fallbeispiel herangezogen. Die...

We conduct a field experiment with job seekers to investigate how feedback influences job search and labor market outcomes. Job seekers who receive feedback on their ability compared to other job seekers update their beliefs and increase their search effort. Specifically, initially...

The measurement of preferences often relies on surveys in which individuals evaluate hypothetical scenarios. This paper proposes and validates a novel factorial survey tool to measure fairness preferences. We examine whether a non-incentivized survey captures the same distributional preferences...

Economic and social situations where groups have to compete are ubiquitous. Such group contests create both a coordination problem within and between groups. Introducing leaders may help to mitigate these coordination problems. However, little is known about the effect of leadership in group...

This study explores the impact of artificial intelligence (AI)-based technologies on leadership-based organizational communication and employee performance within contemporary workplaces. While prior research has acknowledged AI's potential in optimizing communication processes, significant gaps...

Word embeddings are vectors of real numbers associated with words, designed to capture semantic and syntactic similarity between the words in a corpus of text. We estimate the word embeddings of the European Central Bank's introductory statements at monetary policy press conferences by using a...

This paper examines the impact of political polarization on public trust in the Fed and its influence on macroeconomic expectations. Using a large-scale survey experiment which we fielded on President Trump’s 2025 inauguration day, we study how households form beliefs about the Fed regarding...

The measurement of preferences often relies on surveys in which individuals evaluate hypothetical scenarios. This paper proposes and validates a novel factorial survey tool to measure fairness preferences. We examine whether a non-incentivized survey captures the same distributional preferences...

After the privatization of telecommunications companies in Brazil in the late 1990s, Brazilian cities experienced an expansion of internet services. This paper analyzes the impact of this technological shock on the relative employment of managers between sectors according to their technological...

We conduct a field experiment with job seekers to investigate how feedback influences job search and labor market outcomes. Job seekers who receive feedback on their ability compared to other job seekers update their beliefs and increase their search effort. Specifically, initially...

We conduct a field experiment with job seekers to investigate how feedback influences job search and labor market outcomes. Job seekers who receive feedback on their ability compared to other job seekers update their beliefs and increase their search effort. Specifically, initially...

This paper presents an oTree addon that allows to include face-to-face communication in the form of a video chat in online group experiments. Group decisions, as opposed to individual decision-making, have recently gained considerable attention. The open-source addon is easy to use, exhibits a...

Central bank communication has become a crucial tool for steering the monetary policy stance and shaping the outlook of market participants. Traditionally, analyzing central bank communication required substantial human effort, expertise, and resources, making the process time-consuming. The...