We estimate short-term capital-market effects of unionization efforts at publicly-listed firms and their subsidiaries in the United States between 2011 and 2019. Our short-horizon event study reports significant…
We study multi-category housing allocation problems: A set of objects, which is sorted into categories of equal size, has to be allocated to a set of individuals, such that everyone obtains exactly one object…
This paper proposes a novel estimator for nonparametric instrumental regression while controlling for additive two-way fixed effects. In particular, the Landweber–Fridman regularization, to overcome the…
This study leverages a large RCT to examine the potential of goal-setting nudges to encourage resource conservation at scale. We randomize a feature that allows subjects to set themselves energy consumption…
Clustering of the two most competitive bids in first-price auctions can be indicative of collusive behavior. However, it can also reflect non-cooperative strategies under complete information. I propose a simple…
In May 2018, a new regulation, the General Data Protection Regulation (GDPR), on data protection came in the European Union into force. It requires firms to update their data protection strategy and may…
This paper shows that the American Inventor's Protection Act, which introduced the disclosure of patent applications after 18 months, that is, before a grant decision is taken and, hence, before it is known…
We examine the political economy factors behind rising public health infrastructure investments in industrializing regimes. To this end, we compile information on more than 5,000 Prussian politicians, digitize…