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In the last two decades, European countries, while working for the establishment of a Common European Asylum System (CEAS) to harmonise the legal frameworks of the member states and establish common minimum standards, have rather pursued domestic goals at times, imposing restrictive policies on...
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We develop and apply a procedure to test the welfare implications of a beauty and non-beauty contest based on survey forecasts of interest rates and yields in a large country sample over an extended period of time. In most countries, interest rate forecasts are unbiased and consistent with both...
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In a large sample of countries across different geographic regions and over a long period of time, we find limited country- and variable-specific effects of central bank transparency on forecast accuracy and their dispersion among a large set of professional forecasts of financial and...
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