Arbitrarily designed borders have been identified by a recent literature as an important reason why sub-Saharan Africa remains one of the poorest regions on the globe. Accordingly, border changes may be a way to…
Digitalisierung und Vernetzung der Wirtschaft verfügen über immense gesamtwirtschaftliche Wachstumspotenziale. Sie sind gleichwohl keine Selbstläufer. Ihnen sind erhebliche externe Effekte immanent, die dazu…
Do governments strategically choose debt maturity to fill supply gaps across maturities? Building on a new panel data set of more than 9,000 individual Eurozone government debt issues between 1999 and…
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…