This work focuses on the economic performance and environmental assessment of two biorefinery schemes using 100 t/day of olive tree pruning waste as feedstock. The first scheme is based on a multiproduct biorefinery producing 6363.64 m3/yr of ethanol, 999. ...
As the most widely used construction material worldwide, concrete is the main cause of greenhouse gas emissions, material depletion, and waste generation by the construction industry. Typically, concrete waste is crushed and, at best, reclaimed into recycl ...
In this thesis, we present a theory of value for the design and analysis of service ecosystems. The theory is based on general systems thinking. The concept of a system is used for relating knowledge from different disciplines (such as software engineering ...
After the financial crisis, policy rates in the major advanced economies have moved downwards to near/below zero. Some countries have experienced an increase in house prices and an expansion of mortgages. Also, there have been considerable changes in the m ...
The equilibrium of the archetypal morning commute problem with alpha -,B - gamma preferences has been shown to be unstable with various rational adjustment mechanisms, under both continuous and discrete day-to-day dynamics. It is not clear however whether ...
We exploit differences across U.S. states' exposure to trade to study the effects of changes in the exchange rate on economic activity. Across states, trade-weighted exchange rate depreciations are associated with increased state exports, reduced state une ...
This paper studies the effects of fiscal policy on net exports, the terms of trade and expenditure switching. Using data on government spending and consumption taxes for twelve euro area countries over 1996 to 2018, it shows that fiscal austerity shocks im ...
Innovation is crucial and decisive for the long-term development of a metropolitan region in the global economy. While firms certainly play a significant role in the development of specific innovation, the environment that nur-tures innovative firms and di ...
This thesis consists of three parts that study separate subjects in corporate finance and corporate governance. The overarching theme is ownership by CEOs and other insiders.In the first part, which is co-authored work with Rüdiger Fahlenbrach, René M. ...
This thesis consists of three chapters that study separate subjects in the area of corporate governance and financial intermediation.In the first chapter, I study a protectionist anti-takeover law introduced in 2014 in France that covers a subset of all ...