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, by grading honestly, a school can build up reputation. Introducing a concern for reputation into an established signaling …
Persistent link: https://www.econbiz.de/10010311695
We develop and estimate a general equilibrium model to quantitatively assess the effects and welfare implications of central bank transparency. Monetary policy can deviate from active inflation stabilization and agents conduct Bayesian learning about the nature of these deviations. Under...
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. It is particularly suited in the context of a reputation index, because small amounts of noise can easily mask more …
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age and reputation at death. This result is robust to various specifications and measures of reputation. We present as an …
Persistent link: https://www.econbiz.de/10012194643
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citations. Three types of signals are examined: the author’s reputation (as producer of the idea), the journal (as the broker of … empirical analysis points out that, first, the reputation of journals plays an overriding role in gaining attention in science … third, the reputation of a journal may help to get late recognition (so-called ‘sleeping beauties’) as well as generate so …
Persistent link: https://www.econbiz.de/10010325180
When hiring an adviser (he), a policy maker (she) often faces the problem that she has incomplete information about his preferences. Some advisers are good, in the sense that their preferences are closely aligned to the policy maker's preferences, and some advisers are bad. Recently, some...
Persistent link: https://www.econbiz.de/10010325563