Common ownership - where two firms are at least partially owned by the same investor - and its impact on product market outcomes has recently drawn a lot of attention from scholars and practitioners alike. Theoretical and ...

We create a novel, comprehensive dataset of UK-based startups with extensive information on ownership, control, and valuation. Our database provides unique descriptive evidence about the relevance of individual stakeholders ...

This thesis focuses on the issue of bank funding structure and its implications for financial instability. The first chapter investigates how the dynamic interaction between the regulator and banks can endogenously lead to ...

Electricity coverage in Latin America has increased substantially in recent decades, rising from 50% of the population in 1970 to more than 95% in 2015. Growth, however, slowed in the 1990s as many countries experienced ...

This paper proposes an explanation as to why some mergers fail, based on the interaction between the pre- and post-merger processes. We argue that failure may stem from informational asymmetries arising from the pre-merger ...

We analyse if and how the characteristics of grant research panels affect the applicants' likelihood of obtaining funding and, especially, if particular types of panels favour particular types of applicants. We use the ...

This paper examines the impact of trade sanctions, imposed against large exporting nations, on the degree of spatial integration achieved between non-sanctioned importing markets. The analysis is conducted under a parity ...