We study the timing of leniency applications using a novel application of multi-spell discrete-time survival analysis for a sample of cartels prosecuted by the European Commission between 1996 and 2014. The start of a Commission investigation does not affect the rate by which conspirators apply...

The euro area's political contract requires member nations to rely principally on their own resources when confronted with severe economic distress. Since monetary policy is the same for all, national fiscal austerity is the default response to counter national fiscal stress. Moreover, the...

Record linkage algorithms typically find matches by comparing records on the fields they share. However, PATSTAT shares very little information with company databases. We introduce REMERGE: a flexible, open-source algorithm that allows PATSTAT, the worldwide patent database, to be intelligently...