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In this paper, we aim at testing whether press conferences held after the meeting of the ECB's monetary policy council steer market short- and long-term interest rates in the euro zone. To meet this goal, we "codify" the statements according to whether they are neutral, hawkish, or dovish. We...
Persistent link: https://www.econbiz.de/10008794337
Based on panel data of 58 countries, of which 22 Inflation Targeters and 36 non Inflation Targeters, over the period 1980-2003, this paper highlights the effect of Inflation Targeting – IT- on Fiscal Discipline –FD-. We make four contributions to the literature. Firstly, by applying the 2SLS...
Persistent link: https://www.econbiz.de/10008794278
social factors such as communication. This complements the literature that argues that altruistic behavior is instrumental in …
Persistent link: https://www.econbiz.de/10010933141
"Vertige" est le mot qui vient immédiatement à l'esprit quand nous contemplons le tourbillon des logos et marques territoriales qui s'étalent désormais sous nos yeux. " Inquiétude " c'est le sentiment que l'on peut ressentir à la vue des bricolages visuels et des simplifications qui...
Persistent link: https://www.econbiz.de/10010935040
This paper studies strategic disclosure by multiple senders competing for prizes awarded by a single receiver. They decide whether to disclose a piece of information that is both verifiable and equivocal (it can inuence the receiver both ways). The standard unrav- eling argument breaks down: if...
Persistent link: https://www.econbiz.de/10009652974
de communication orale. Ces résultats mettent en évidence l'importance pour le contrôleur de gestion de gérer son image …, notamment en adoptant des techniques de communication ouverte et en abandonnant le recours à des techniques de recours à la …
Persistent link: https://www.econbiz.de/10010549130
cette nouvelle logique du contrôle de gestion, plus la pratique de techniques spécifiques de communication orale devrait … différents, considérés par les spécialistes de la communication comme contradictoires. L'enjeu d'une telle recherche est celui …
Persistent link: https://www.econbiz.de/10010549142
This paper investigates optimal communication mechanisms with a two-dimensional policy space and no monetary transfers … design), the optimal communication mechanism never exhibits any pooling and the agent's ideal policies are never chosen …-cooperative design) and enters separately into the agent's utility function, optimal mechanisms under private communication take again …
Persistent link: https://www.econbiz.de/10010751022
Le corpus de ce chapitre est constitué par la transcription intégrale d'un atelier de dialogue tenu en avril 2007, un atelier d'une durée de quelques heures réunissant une cinquantaine de participants. Cet atelier faisait suite à une matinée consacrée à des exposés thématiques relatifs...
Persistent link: https://www.econbiz.de/10010898603
At present, the existing literature shows that the factors which influence the effectiveness of virtual teams for new product development are still ambiguous. To address this problem, a research design was developed, which includes detailed literature review, preliminary model and field survey....
Persistent link: https://www.econbiz.de/10010898640