This paper empirically investigates banks' investment allocations over the recent business cycle. I identify unsolicited deposit shocks resulting from unconventional energy development and estimate bank allocations of these deposits. In the pre-recession period, banks lend 38 percent of...

We study how listing status affects investment behavior. Theory offers competing hypotheses on how listing-related frictions affect investment decisions. We use detailed data on 74,670 individual projects in the U.S. natural gas industry to show that private firms respond less than public firms...

The Global Gas Flaring Reduction Partnership (GGFR) provides its members with overviews of the potential solutions to recover and monetize the flared and/or associated gas. The purpose of this report is to compare the Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) chain concepts...