The U.S. Department of Energy (DOE) Office of Industrial Technologies (OIT) established the Industries of the Future (IOF) program to increase energy efficiency, reduce waste production and to improve competitiveness, currently focusing on nine sectors. The IOF is a partnership strategy...

The Office of Industrial Technologies (OIT) within the US DOE has recently initiated the Industrial Waste Reduction Program, which is designed to reduce industrial energy use and pollution by reducing the amount of waste materials generated. The Program's primary focus is to develop and...

Approximately a hundred years ago the petrochemical industry was in its infancy, while the chemical industry was already well established. Today, both of these industries, which are almost indistinguishable, are a substantial part of the makeup of the U.S. economy and the lifestyle we enjoy. It...

Retail agrichemical dealers have become increasingly familiar with the concept of containment over the past several years. Currently, containment regulations are in place in 13 states, and are being drafted in 7 others. Agrichemical dealers in these states will be required to assess the...

The incentives for establishing and the expertise for implementing successful waste minimization programs can be found in every company. The “in-house” expertise that discovers, designs, builds and manages manufacturing processes understand chemicals and chemical processes, and are the best...

The evolving organization and operation of real estate capital markets. Sources of real estate capital. Primary and secondary mortgage markets. The investment behavior of real estate assets. The development of REITs and securitized debt markets. Advanced pricing techniques for complex real...

My dissertation aims at understanding the financing and investment decisions of firms. It contains two chapters.Chapter One studies the currency composition of debt for firms in emerging economies. Using a dataset of traded Mexican firms, I document two stylized facts about firms in the...

What is the cross-sectional relationship between financial leverage and expected equity returns? How is the empirical relationship associated with firm's financial decisions? This dissertation investigates the potential explanations for the flatness relation between financial leverage and...

This paper examines time-series patterns of external financing decisions and shows that publicly traded U.S, firms fund a much larger proportion of their financing deficit with external equity when the cost of equity capital is low. The historical values of the cost of equity capital have...

This paper investigates the effect of correlation and volatilities of firm and project cash flows on the choice of project finance. I use a pure-play approach to measure unobservable project cash flows for a sample of 440 US and non-US firms that invested in 577 projects from 1990 to 2008 and...