Browsing Recerca: working papers, informes, etc. by Author "Hansen, Stephen Eliot"

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Browsing Recerca: working papers, informes, etc. by Author "Hansen, Stephen Eliot"

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  • Hansen, Stephen Eliot; McMahon, Michael (2013)
    In many areas of economics there is a growing interest in how expertise and preferences drive individual and group decision making under uncertainty. Increasingly, we wish to estimate such models to quantify which of these ...
  • Hansen, Stephen Eliot; McMahon, Michael (2011)
    We first establish that policymakers on the Bank of England's Monetary Policy Committee choose lower interest rates with experience. We then reject increasing confidence in private information or learning about the structure ...
  • Arruñada, Benito; Hansen, Stephen Eliot (2014)
    This paper applies ideas and findings from Managerial Accounting to the problem of public good provision. It first links the problems of traditional bureaucracies with those of "discretionary expense centers", which are ...
  • Hansen, Stephen Eliot (2010)
    In most firms, managers periodically assess workers' performance. Evidence suggests that managers withhold information during these reviews, and some observers argue that this necessarily reduces surplus. This paper assesses ...
  • Hansen, Stephen Eliot; McMahon, Michael; Prat, Andrea (2014)
    How does transparency, a key feature of central bank design, affect the deliberation of monetary policymakers? We exploit a natural experiment in the Federal Open Market Committee in 1993 together with computational ...
  • Hansen, Stephen Eliot; McMahon, Michael (2010)
    We test whether outside experts have information not available to insiders by using the voting record of the Bank of England's Monetary Policy Committee. Members with more private information should vote more often against ...

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