Results

Journal article

The Review of Economic Studies:

First impressions matter: Signalling as a source of policy dynamics

We provide the first direct empirical support for the importance of signalling in monetary policy by testing two key predictions from a novel structural model. First, all policymaker types should become less tough on inf...Read more...

CEP discussion paper

How Experts Decide: Identifying Preferences versus Signals from Policy Decisions

A large theoretical literature assumes that experts di ffer in terms of preferences and the distribution of their private signals, but the empirical literature to date has not separately identi ed them. This paper propos...Read more...

CEP discussion paper

Slip Sliding Away: Further Union Decline in Germany and Britain

This paper presents the first comparative analysis of the decline in collective bargaining in two European countries where that decline has been most pronounced. Using workplace-level data and a common model, we present ...Read more...

CEP discussion paper

The Extent of Collective Bargaining and Workplace Representation: Transitions between States and their Determinants. A Comparative Analysis of Germany and Great Britain

Industrial relations are in flux in many nations, perhaps most notably in Germany and Britain. That said, comparatively little is known in any detail of the changing pattern of the institutions of collective bargaining a...Read more...