1. Refereed Journal // 2023

    Timing is key: When does the market react to unionization efforts?

    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…

  2. Refereed Journal // 2023

    A market design solution to a multi-category housing allocation problem

    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…

  3. ZEW Discussion Paper No. 23-041 // 2023

    Mapping Employee Mobility and Employer Networks Using Professional Network Data

    The availability of social media data is growing and represents a new data source for economic research. This paper presents a detailed study on the use of data from a career-oriented social networking platform…

  4. ZEW Discussion Paper No. 23-040 // 2023

    Mobilizing Credit for Clean Energy: De-risking and Public Loan Provision Under Learning Spillovers

    Policymakers regularly rely on public financial institutions and government offices to provide loans to clean energy projects. However, the market failures that public loan provision addresses and the role it…

  5. ZEW-Finanzmarktreport // 2023

    Oktober 2023

    • Konjunkturerwartungen steigen bei stabilisierter Lageeinschätzung
    • Eurozone: Gegenwind für die Wirtschaft: Inflation und Zinsen auf dem Rückzug
    • USA: Konjunkturelle Erwartungen verschlechtern sich
    • China:…
  6. Refereed Journal // 2023

    Nonparametric Instrumental Regression with Two-Way Fixed Effects

    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…

  7. ZEW Discussion Paper No. 23-039 // 2023

    Committing to Grow: Privatizations and Firm Dynamics in East Germany

    This paper investigates a unique policy designed to maintain employment during the privatization of East German firms after the fall of the Iron Curtain. The policy required new owners of the firms to commit to…

  8. Refereed Journal // 2023

    Can self-set goals encourage resource conservation? Field experimental evidence from a smartphone app

    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…

  9. Refereed Journal // 2023

    Clustered Bids in First-Price Auctions: Collusion or Competition?

    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…