Water diversions from rivers and torrents for anthropic uses of the resource alter the natural flow regime. As a measure, environmental flows have been prescribed and often are enforced by law to follow policies (e.g., minimal flow, proportional redistribu ...
We use a dynamic model of financing decisions to measure agency conflicts for a large panel of 12,652 firms from 14 countries. Our estimates show that agency conflicts are large and vary significantly across firms and countries. Differences in agency confl ...
This thesis presents three economic perspectives to moving forward a global climate agreement for post-2012. The first part develops a grading system for assessing thirteen proposals for post-2012 climate policy. The grades are based on four criteria: envi ...
In the first chapter of this thesis, coauthored with Patrick Gaulé, we reexamine the widely held belief, known as the "European Paradox", that while European academic institutions are good at producing academic research outputs, they lag behind US academic ...