This paper analyzes the long-term investment decisions of firms that are regulated by an emissions tax and that …. In the commitment case, the government announces a long-run tax on emissions, and firms decide upon their investment …

This paper analyzes the long-term investment decisions of firms that are regulated by an emissions tax and that …. In the commitment case, the government announces a long-run tax on emissions, and firms decide upon their investment …

explicit role for money-credit markets and investment decisions. We find that cost channels matter for monetary transmission …

distorts investment incentives, while competition mitigates them. The extent of improvement depends critically on demand … between investment and correlation is positive, and if it is costly, the relationship becomes negative; under duopoly, the … develops a theory of sequential investments in cybersecurity. The regulator can use safety standards and liability rules to …