We investigate the pricing of convertible bonds on the French convertible bond market using dailymarket prices for a period of 18 months. Instead of a firm-value model as used in previous studies, weuse a stock-based binomial-tree model with exogenous credit risk that accounts for all...

Vorliegendes Arbeitspapier stellt das angelsächsische Board-Modell am Beispiel Großbritannien vor.

This paper pinpoints the development of the Commission's policy on rail infrastructure charges through to Directive 2001/14.

This paper emphasizes the elements of good practice, which are important to the implementation of road user charging concerning the process of the implementation of travel plans.

A one-to-one link is developed between overlapping sub-regional entities using geographi-cal tools newly available to the Economic Research Community. The aim of this project is tocreate a database exploiting the geographical variation in publicly available data, in order tobetter control for...

[...]Like the other countries examined, the United Kingdomadopted inflation targets after a successful disinflation.Unlike these countries, however, the UnitedKingdom took this step in the aftermath of a foreignexchange rate crisis in order to restore a nominalanchor and to lock in past...