Oftel has now been the regulatory agency for UK telecommunications for over 15 years. The FCC has regulated US telecoms for 67 years. Within the EU, regulatory agencies for telecoms now exist in all 15 EU member states. Over the last 15 years, the UK has seen an increase in the number of...

Central bank communication has changed dramatically over the past decade, with some central banks providing guidance about or explicit forecasts of likely future policy rates. One frequently made argument against the provision by central banks of such guidance or forecasts is that it runs the...

Dieser Aufsatz untersucht die Hypothese, dass der Grad an Arbeitsmarkthysterese in Folge einer Rezession von der Reaktion der Geldpolitik abhängt. Der Hysteresegrad wird in der empirischen Untersuchung durch die geldpolitische Reaktion und Standardvariablen für Arbeitsmarktinstitutionen in...