Mit der Verordnung über Märkte für Kryptowerte (MiCAR) und der Verordnung über eine Pilotregelung für auf der Distributed-Ledger-Technologie basierende Marktinfrastrukturen (DLT-Pilotregelung) hat die Europäische Union ein unionsweit einheitliches Regime zur Regulierung der Ausgabe von und...

Mit dem Ziel, eine Kapitalmarktunion zu errichten, die einen verbesserten Zugang zu Finanzierungen für innovative, nicht börsennotierte Unternehmen bedeutet, hat der europäische Gesetzgeber das Recht der plattformbasierten Projektfinanzierung (Crowdfunding) in weiten Teilen harmonisiert. Die...

This paper provides an analysis of national laws relevant to whistle-blowers in the public sector across 67 ILO Member States. It studies each national law through a selection of indicators derived from reference frameworks and guidance by inter-governmental organizations (e.g. UNODC, OECD) and...

We leverage rich data from a prominent online job board in Uruguay to assess directed search patterns in job applications, focusing on posted wages and advertised non-wage amenities. We find robust evidence of directed search based on posted wages in the cross-section, with stark heterogeneity...

This study examines the relationship between absenteeism and firm performance using data on 1,387 stores of a retail chain, combined with public health data, covering a 36-month period. Crucially, the relationship between absenteeism and sales is not monotonic. Instead, it exhibits an inverted...

Large organizations often require employees to collaborate with others who may see the world differently. Yet, little is known about whether misalignment in personal values with managers or colleagues affects performance. Using survey and administrative data from a world-leading bank, we find...