Auctions with endogenous rationing are motivated by the regulatory requirement of so-called proportionality of public support and are used to allocate support for renewable energy. They reduce the auctioned…
The ability of organizations to manage and cope with economic crises is central to the direction and severity of their impact. We explore determinants of strategic crisis responses by focusing on the role of…
We study how terminated correspondent banking relationships affect international trade. Drawing on firm-level export data from emerging Europe, we show that when local banks lose access to correspondent…