Location Matters: An Examination of Trading Profits

Journal of Finance, Vol. 56(5) (2001), 1959-1983.

Exchange Rate Determination: The Role of Factor Price Rigidities and Nontradeables

Journal of International Economics, Vol. 50(2) (2000), 421-447

Lawyers, Legislation, and Social Welfare

European Journal of Law and Economics, Vol. 9 (2000), 231-254,

with Marcel Thum

Competitive Entry and Endogenous Risk in the Foreign Exchange Market

Review of Financial Studies, Vol. 11 (1998), No. 4, 757-787.

Privatization under Political Interference: Evidence from Eastern Germany

European Economic Review, Vol. 42 (1998), 1177-1201.