Adding to the extensive political and legal debates on data retention, this is the first study to analyse the impacts of data retention on crime prevention in Europe. Using an estimator that captures dynamic effects and is robust to heterogeneous treatment effects, we find a significant negative...

We examine the short- and medium-term effects of announcements of changes in anti-crime policies in the distant future (news shocks) and provide a first extension of the analysis to cases where the announced policy changes may not be realized in the end (noise shocks). We further innovate by...

Express certificates form a new class of structured derivatives in Germany with dynamic growth in terms of market capitalization. They are subject to early redemption if the underlying is above strike levels at predetermined points in time. This early redemption leads to a truncation and...

In the present article we deal with the problem of computing the first and second moments for the rectangularly double truncated multivariate normal density. Our primary aim is to extend the derivation of Tallis (1961) to general mean and covariance for double truncation. Indeed we also deduce a...

We examine the short- and medium-term effects of announcements of changes in anti-crime policies in the distant future (news shocks) and provide a first extension of the analysis to cases where the announced policy changes may not be realized in the end (noise shocks). We further innovate by...

Adding to the extensive political and legal debates on data retention, this is the first study to analyse the impacts of data retention on crime prevention in Europe. Using an estimator that captures dynamic effects and is robust to heterogeneous treatment effects, we find a significant negative...