We evaluate the degree of gradualism and inaction in UK monetary policy over the Monetary Policy Committee (MPC) period (1997-2007) at the quarterly and the monthly frequency. After accounting for misspecification in standard Taylor rules, we find little evidence for gradualism. A measure of...

This paper aims to report the construction process of Environmental Economic Accounts for Water in Brazil and its institutional articulation between national and international public and private institutions, who participated in this construction effort. It also presents the current stage of...

A comprehensive empirical study is performed to measure the performance of a Blockchain-based Certification Storage System in Hyperledger Fabric. This work is based on a proof of concept in the aviation industry and follows a Technical Risk & Efficacy evaluation strategy to determine the utility...

This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...

We provide an explanation for why committees may behave over-cautiously. A committee of experts makes a decision on a proposed innovation on behalf of 'society'. Each expert's signal about the innovation's quality is generated by the available evidence and the best practices of the experts'...