No matter its source, financial- or policy-related, uncertainty can feed onto itself, inflicting the real economic sector, altering expectations and behaviours, leading to identification challenges in empirical applications. The strong intertwining between policy financial realms prevailing Europe, Euro Area particular, might complicate problem create amplification mechanisms difficult pin down...

Simple state-independent monetary institutions are shown to secure optimal cooperative policies in a stochastic, linear-quadratic two-country world with international policy spill-overs and national credibility problems. Institutions characterize delegation to independent central bankers facing quadratic performance related contracts punishing or rewarding deviations from primary and intermedia...

(1) Background: Primary driving tasks are increasingly being handled by vehicle automation so that support for non-driving related (NDRTs) is becoming more and important. In SAE L3 automation, vehicles can require the driver-passenger to take over controls, though. Interfaces NDRTs must therefore guarantee safe operation should also productive work. (2) Method: We conducted a within-subjects si...

Knowledge sharing between employees has long been viewed as a major driver of firm productivity growth, and the strength spill-overs within firms is common measure knowledge sharing. Using data from three Bangladeshi garment factories, I first find that are stronger organizational sub-divisions factories than across. then show management intervention routinely brought together workers producing...