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For the sustainable development of the renewable hydrogen sector, alkaline electrolysis appears to be a technology of choice. Nevertheless, despite its long history that showed its reliability in the industrial field and despite the traditional belief from ...
Cell Press2024
Due to its enormous size and capital base, the insurance industry has the potential to play a key role in countering climate change. To this end, the major capital flows associated with its investment and underwriting businesses would need to be redirected ...
Capital ages and must eventually be replaced. We propose a theory of financing in which firms borrow to finance investment and deleverage as capital ages to have enough financial slack to finance replacement investments. To achieve these dynamics, firms is ...
Le transport de bois flottants peut induire des obstructions aux ouvrages hydrauliques et limiter leurs fonctionnalités et leurs capacités de décharge. Le blocage de l’entrée d’un évacuateur de crue d’un barrage par des bois flottants représente un risque ...
Founders benefit from identifying with their founding teams because identification facilitates cooperation in the team, aligns founders' actions with the norms and interests of the team, and, ultimately, enhances team performance. High identification with ...
The COVID-19 pandemic has demonstrated the importance and value of multi-period asset allocation strategies responding to rapid changes in market behavior. In this article, we formulate and solve a multi-stage stochastic optimization problem, choosing the ...
The use of ionic liquids (ILs) for CO2 capture and utilization into a valuable product is attracting interest even though literature evaluating their sustainability is scarce. A liquid-liquid extraction (LLE)-based separation is recently proposed as an alt ...
The performance of programs written in languages following the dataflow model of computation (MoC) largely depends on the configuration (partitioning, mapping, scheduling, buffer dimensioning) chosen during the synthesis stages. Furthermore, this programmi ...
This paper analyses the effects of quantitative easing (QE) on households' income and consumption inequality in the Euro Area. Using a SVAR with high frequency identification, I show that an identified QE shock is redistributive and expansionary. To ration ...
ELSEVIER2023
This thesis examines how banks choose their optimal capital structure and cash reserves in the presence of regulatory measures. The first chapter, titled Bank Capital Structure and Tail Risk, presents a bank capital structure model in which bank assets a ...
