What Moves Markets?
What share of asset price movements is driven by news? We build a large, time-stamped event dat…
Does Central Bank Tone Move Asset Prices?
This paper shows that changes in the tone of central bank communication have a significant effe…
Overwhelming targeting options: Selecting…
Even as online advertising continues to grow, a central question remains: Who to target? Yet, a…
Collateral eligibility of corporate debt…
We study the many implications of the Eurosystem collateral framework for corporate bonds. Usin…
The Cost of Wage Rigidity
Private efficiency of wage rigidity has taken centre stage in economics. Measuring its effects …
How AI-Based Systems can Induce…
This paper addresses a so-far neglected dimension in human–Artificial Intelligence (AI) augment…