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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 ...
This paper studies an aggregate ride-hail market in which two platforms compete with each other, as well as with transit, under different supply and regulatory conditions. The duopoly is built on a general market equilibrium model that explicitly character ...
The triple transition—decarbonization, decentralization and digitalization—is rendering obsolete traditional power sector value chains. Value networks are emerging, which will significantly alter the power sector’s landscape and call into question the long ...
The extractive sector now holds an even more predominant position for national economies following the adoption of the Sustainable Development Goals in 2015. The sector can make significant contributions to the achievement of a large number of these Goals. ...
While many perceive mammalian cell culture-based manufacturing for biopharmaceuticals an established technology, numerous open questions remain to be solved. Genetic diversity and mutation rates in CHO cells have been underestimated since progeny of a clon ...
Regulatory agencies have long adopted a three-tier framework for risk assessment. We build on this structure to propose a tiered approach for resilience assessment that can be integrated into the existing regulatory processes. Comprehensive approaches to a ...
Die deutsche Energiewende gilt als einer der herausforderndsten gesamtgesellschaftlichen Veränderungsprozesse unserer Zeit. Sie zieht einen grundlegenden politischen und ökonomischen Wandel in Deutschland und ganz Europa nach sich. Die fundamentalen Veränd ...
While many perceive mammalian cell culture-based manufacturing for biopharmaceuticals an established technology, numerous open questions remain to be solved. Genetic diversity and mutation rates in CHO cells have been underestimated since progeny of a clon ...
Aims B cell functions in the process of atherogenesis have been investigated but several aspects remain to be clarified. Methods and results In this study, we show that follicular regulatory helper T cells (T-FR) control regulatory B cell (B-REG) populatio ...
State-owned enterprises (SOEs) provide important services such as power supply, postal services and public transportation. In doing this, SOEs operate at the intersection of political/regulatory and economic expectations. Therefore, SOEs are commonly consi ...