The objective of this dissertation is to investigate the patronage refunds decision in the Farm Credit System (FCS) lending associations, and simulate the capital structure change of a representative association dynamically. Patronage refunds distribution is a unique feature of financial...

Previous studies have primarily focused on a hybrid policy of emission regulation that included an emission cap and permit price ceiling in a single period model, we extend this literature by developing such an optimal hybrid model in a multi-period framework where banking and borrowing of...

The paper examines the impact of currency exchange rates on the carbon market. We scrutinize this effect through the European Union Emission Trading Scheme (EU-ETS), which primarily uses two substitutable fossil energy inputs for the generation of electricity: coal and natural gas. The European...