This paper examines the relationship between climate risk and climate policy uncertainty and CO2 emissions in the US, with an aim to contribute to the better understanding of the drivers of emissions. We proxy for climate risk using the cost of natural disasters, and for policy uncertainty the...

We compare the determinants of the corporate debt ownership structure in a bank-oriented economy (Germany) and market-oriented economy (UK). The results, that are controlled for endogeneity, simultaneity and measurement errors, show that the firms in both countries adjust their debt ownership...