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Cost-efficient transition to clean energy transportation services
Comello, Stephen; Glenk, Gunther; Reichelstein, Stefan - 2020
Comprehensive global decarbonization will require that transportation services cease to rely on fossil fuels. Here we develop a generic life-cycle cost model to address two closely related questions central to the emergence of sustainable transportation: (i) the utilization rates (hours of...
Persistent link: https://www.econbiz.de/10012299779
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How to mitigate transportation emissions in Saudi Arabia? : the role of energy price governance
Shannak, Sa'd A.; Mikayilov, Jeyhun I.; Dua, Rubal - 2022
Persistent link: https://www.econbiz.de/10013337935
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The commitment role of equity financing
Fahn, Matthias; Wamser, Georg; Merlo, Valeria - 2017
Existing theories of a firm's optimal capital structure seem to fail in explaining why many healthy and profitable firms rely heavily on equity financing, even though benefits associated with debt (like tax shields) appear to be high and the bankruptcy risk low. This holds in particular for...
Persistent link: https://www.econbiz.de/10011705222
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Size matters : "over"investments in a relational contracting setting
Englmaier, Florian; Fahn, Matthias - 2018
The corporate finance literature documents that managers tend to over-invest in their companies. A number of theoretical contributions have aimed at explaining this stylized fact, most of them focusing on a fundamental agency problem between shareholders and managers. The present paper shows...
Persistent link: https://www.econbiz.de/10011895831
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Selection into entrepreneurship and self-employment
Levine, Ross; Rubinstein, Yona - 2020
Persistent link: https://www.econbiz.de/10012486554
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Domestic saving and investment revised : can the Feldstein-Horioka equation be used for policy analysis?
Sachsida, Adolfo; Mendonça, Mário Jorge Cardoso de - 2015
Based on the relation between investment and domestic saving proposed by Feldstein and Horioka (1980) to verify capital mobility, this study performs some exogeneity tests in order to determine the capacity of the FH equation of supporting and implementing economic policies in Brazil. We then...
Persistent link: https://www.econbiz.de/10012038727
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Structural changes in Soviet foreign trade and the impact of future trade between the Netherlands and the USSR
Bos, Henk C.; Pindak, F. - 1987
Persistent link: https://www.econbiz.de/10003499329
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The best versus the rest : divergence across firms during the global productivity slowdown
Andrews, Dan; Criscuolo, Chiara; Gál, Peter - 2019
Persistent link: https://www.econbiz.de/10012179704
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Politically induced regulatory risk and independent regulatory agencies
Strausz, Roland - 2017
Uncertainty in election outcomes generates politically induced regulatory risk. For monopoly regulation, political …
Persistent link: https://www.econbiz.de/10011705495
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Taming overconfident CEOs through stricter financial regulation
Kassner, Bernhard - 2023
paper shows that financial regulation can be effective at mitigating this type of risk. Exploiting regulatory changes … financial institutions subject to stricter regulation. Following the easing of these regulations, overconfidence-induced risk …-taking increases again. These findings confirm the effectiveness of financial regulation at correcting overconfident behavior, but also …
Persistent link: https://www.econbiz.de/10014477386