We examine the impact of Bank of Canada communications and media reporting on them on Canadian (short- and medium-term) bond and stock market returns using a GARCH model. Communications are rather uniformly distributed over the sample period (1998-2006); however, media coverage is particularly...

This paper investigates how media coverage in°uences macroeconomic information processing at the bond market. I provide evidence that a high media coverage of an economic topic increases investor attention prior to the release of the corresponding economic indicator: High media coverage of the...

This Policy Brief offers a comprehensive evaluation and comparison of the regulatory frameworks governing platform work in four European countries. The comparative analysis draws upon research conducted by the OECD and the World Economic Forum (WEF) on the principles of good regulation. Adapting...

This Working Paper brings together two parallel but complementary approaches to the impact of the platform economy on working conditions and social law. The first part of the study shows that the business models of some platforms is a combination of technological disruption and social evasion....

The 'gig economy' refers to a market system in which companies or individual requesters hire workers to perform short assignments. These transactions are mediated through online labour platforms, either outsourcing work to a geographically dispersed crowd or allocating work to individuals in a...

Digital platforms have become an important part of the digital economy by facilitatingtransactions between large numbers of users and by fostering innovation on collaborativeplatforms. It is striking that platform-based services are dominated by a small number ofglobal players. Most of them are...

Immer mehr Unternehmen entschließen sich dazu, ihr Geschäftsmodell digital auszuweiten. Dieser Trend ist auch im Bereich der personennahen Dienstleistungen spürbar. Um Zugriff auf die digitalen Serviceangebote zu erhalten, müssen potentielle Nutzer persönliche Daten preisgeben. In vielen...

As of 7 March 2024, the EU Commission began to enforce its controversial Digital Markets Act (DMA). This article sheds light on the recent debate. It lists the dos and don'ts of the DMA as well as stakeholder reactions to them before tracing some of the underlying motivations and reasoning that...

This paper delineates the simultaneous impact of non-anticipated information on first and second moments of the intraday price process by including appropriate variables accounting for the news flow into both the mean and the variance function. This allows us to differentiate between the...

This paper delineates the simultaneous impact of non-anticipated information on mean and variance of the intraday return process by including appropriate variables accounting for the news flow into both the mean and the variance function. This allows us to differentiate between the consistent...