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Network (IBRN), established in 2012, brings together researchers from around the world with access to micro-data on individual …
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The development of macroprudential policy tools has been one of the most significant changes in banking regulation in …
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Unfavorable news are often delivered under the disguise of vagueness. Our theory-driven laboratory experiment investigates this strategic use of vagueness in voluntary disclosure and asks whether there is scope for policy to improve information transmission. We find that vagueness is profitably...
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