Die vorliegende Dissertation besteht aus drei Aufsätzen, welche verschiedene Dimensionen von Institutionen und wirtschaftlicher Entwicklung untersuchen. Im ersten Aufsatz befassen meine Koautoren und ich uns mit der Reaktion von Firmen auf Handelsliberalisierung bei eingeschränktem Zugang zu...

Which are the new frontiers in central banking? Which things have changed in the aftermath of the financial, economic and sovereign debt crisis? These are questions raised frequently by central bankers, academics and interested observers alike. There are quite a few areas to cover in answering...

This thesis analyzes the interrelation between market structure and price formation in credit derivatives markets. Traditionally, credit derivatives are traded in relatively opaque over-thecounter markets in which trading is segmented and subject to many imperfections from which illiquidity may...