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industry has demonstrated such large scale private sector infrastructure investment over the last decades, typically using long … natural gas explain the prevalence of long-term contracts in natural gas infrastructure investment? We identify four reasons … facilitating low-carbon infrastructure investment. We furthermore discuss the role of institutional frameworks necessary for long …
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optimal public policy, defined by the time path of investment and consumption. In each period, a legislature with … presentatives of each of n districts bargain over the current period's endowment for investment in the public good and transfers to … investment in the public good and less pork. We examine the theoretical equilibrium predictions by conducting a laboratory …
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Timing the market for equity is an accepted practice by managers who in theory have the best interests of current … others underperform. The post-issue performance is linked to the investment opportunity set of the issuing firms as well as … their choice of investments. In general, firms without good investment options will perform poorly. We extend this line of …
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