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Is this really the ‘most dangerous man in Germany’?IWHThe Spectator, August 23, 2026
How much consumer data should firms be allowed to use when tailoring products and prices? We study this question in markets where a seller designs product menus and a regulator decides how much information can be revealed.
Using inflation and GDP growth forecasts by professional forecasters for a panel of emerging and advanced economies, we provide direct evidence that foreign forecasters update their forecasts less frequently than local forecasters (about 10% less frequently) and make larger errors in absolute value (up to 9% larger).
This paper investigates the impact of precise language on market efficiency by examining the interplay between regulatory language simplification, as imposed by the Plain Writing Act of 2010, and information asymmetries in financial markets.
We exploit detailed data on approved and rejected small-business loans to assess the impact of a new credit registry in Bosnia and Herzegovina.