Working Papers

Recent Working Papers (partially under review)

• The Influence of Leveraged Buyouts on Target Firms’ Competitors (joint with M. Grupp and Ch. Rauch), SAFE WP No 99

• Financial Constraints, Newly Founded Firms and the Financial Crisis (with J. Hirsch), SAFE WP No 191.

• Bank regulation, lending and patenting: Evidence from the EBA capital exercise, (joint with Jan Krzyzanowski), SAFE WP 330

• The co-existence of patent-pools (with S. Lobin), SSRN Working Paper

• Spillover effects of private equity investment on industry competitors (joint with Sang Truong); SAFE WP No 357

• The Optimal Size of Buyer Groups (with Stefan Lobin): SSRN Working Paper

Work in Progress

• ·What drives firm stock-market and operational performance in a (hyper-)inflation? Evidence from a cross-section of German companies  (joint with Dennis Gram and Marius Liebald)

• The consequences of free money: firm performance and access to central bank refinancing in the German hyperinflation (joint with Marius Liebald and Pantelis Karapanagiotis)

• Are Private-Equity-Firms more “Social”? (with Douglas Cumming and Sang Truong)