Discussion und Working Papers

  1. Discussion and Working Paper // 2018

    Loan Syndication Structures and Price Collusion

    'How does the organizational form of loan syndicates evolve and what are the effects on price collusion? We develop a novel measure of distance in lending expertise among syndicate lenders, and relate this novel…

  2. Discussion and Working Paper // 2018

    Breitbandziele effizient erreichen!

  3. Discussion and Working Paper // 2018

    Bureaucratic Competence and Procurement Outcomes

    Does a more competent public bureaucracy contribute to better economic outcomes? We address this question in the context of the US federal procurement of services and works by combining contract-level data…

  4. Discussion and Working Paper // 2018

    Racing With or Against the Machine? Evidence from Europe

    A fast-growing literature shows that digital technologies are displacing labor from routine tasks, raising concerns that labor is racing against the machine. We develop a task-based framework to estimate the…