We study the relative performance of the first-price sealed- bid auction, the second-price sealed-bid auction, and the all-pay sealed-bid auction in a laboratory experiment where bidders can signal…

We analyze the problem of a buyer who purchases a long-term project from one of several suppliers. A changing state of the world influences the costs of the suppliers. We distinguish between complete…

Copulas are a convenient tool for modelling dependencies in competing risks models with multiple spells. This paper introduces several practical extensions to the nested copula model and focuses on the choice of…

• Expectations Slightly Improved
• 27 analysts participated in the April survey, which was conducted during the period 6 till 14 April 2021

This paper investigates the importance of correspondent banking for trade and firm performance in emerging Europe. We exploit the unexpected "structural break" in the U.S. regulator’s enforcement of financial…

We study the relative performance of the first-price sealed-bid auction, the second-price sealed-bid auction, and the all-pay sealed-bid auction in a laboratory experiment where bidders can signal information…

Artificial Intelligence (AI) represents a set of techniques that enable new ways of innovation and allows firms to offer new features of products and services, to improve production, marketing and administration…

Multiple institutional affiliations occur when an academic belongs to more than one organisation. Recent research shows an increase in multiple affiliations, but evidence on roles and motivations is mainly…

• Konjunktureuphorie etwas geringer
• Euroraum: Erwartungen gehen etwas zurück
• USA: Lageeinschätzung auf Rekordhoch seit Pandemiebeginn
• China: Konjunkturausblick sehr positiv
• Sonderfrage: Kräftige Erholung der…