Social norms are amongst the most theorized and studied phenomena in the human sciences; they are both the descriptive patterns of human social behaviour and the sanctioned expectations that compel individual adherence to such patterns. Yet a unifying account of the psychology of s...

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We provide some early evidence on the effectiveness of COVID-19 economic policy packages. Our empirical strategy uses firm-level data and relies on the varying degree of vulnerability to the pandemic across industries. We find a robust association of fiscal stimulus with changes in ...

Open banking ends the proprietary control of customer information by banks and it allows customers to share their banking financial data with third parties as a matter of right. It can also permit customers to allow others to remove funds direct from their bank accounts i...

Official estimates of economic growth are regularly revised and therefore forecasts for GDP growth are done on the basis of ever-changing data. The economic literature has intensively studied the properties of those revisions and their implications for forecasting models. However, much less&...

Have EU regulations implemented after the Global Financial Crisis (GFC) on credit rating agencies (CRAs) been effective in curbing rating inflation? We answer this question by analysing a large dataset of asset-backed securities (ABS) issued between 1998-2018. We find that new regulations&#x...

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We study the interaction between monetary policy and labor supply decisions at the household level. We uncover evidence of heterogeneous responses and a strong income effect on labor supply in the left tail of the income distribution, following a monetary policy shock in the U...

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