This research paper studies the quality of own credit (OC) risk disclosures in European banks by analyzing their annual reports. By defining and applying a self-developed disclosure index that incorporates both the (i) relative quantity and (ii) richness of the information provided, it is found...

"This chapter applies recent research on environmental enforcement to a potential U.S. program to control greenhouse gases, especially through emission trading. Climate policies present the novel problem of integrating emissions reductions that are relatively easy to monitor (such as carbon...

Im Alltag verbrauchen Automobile deutlich mehr Kraftstoff, als sie nach den Angaben der Autobauer verbrauchen sollten. Die Herstellerangaben sind das Ergebnis eines Tests, den die EU zur Zulassung, zum Verkauf und zur Inbetriebnahme von Neufahrzeugen zwingend vorschreibt. Ferdinand Dudenhöffer,...

This chapter applies recent research on environmental enforcement to a potential U.S. program to control greenhouse gases, especially through emission trading. Climate policies present the novel problem of integrating emissions reductions that are relatively easy to monitor (such as carbon...