Digitalisierung und Vernetzung der Wirtschaft verfügen über immense gesamtwirtschaftliche Wachstumspotenziale. Sie sind gleichwohl keine Selbstläufer. Ihnen sind erhebliche externe Effekte immanent, die dazu…
We test the effects of uncertainty on market liquidity using Hurricane Sandy as a natural experiment. Given the unprecedented strength, scale and nature of the storm, the potential damages of a landfall…
The digital transformation is one of the greatest challenges of our time. High-speed internet, mobile devices, intelligent software algorithms as well as data storage and processing are changing economic and…
We analyze the relationship between unemployment and the supply of online labor for microtasking. Using detailed US data from a large microtasking platform between 2011 and 2015, we study the participation and…
