1. Refereed Journal // 2016

    Ecological Sufficiency, Individual Liberties, and Distributive Justice: Implications for Policy Making

    We investigate the prospects of voluntary ecological sufficiency for environmental and climate policy under the constraints implied by political liberalism. We find that freedom of choice restricts sufficiency…

  2. Refereed Journal // 2016

    Drivers of Suspicious Transaction Reporting Levels: Evidence from a Legal and Economic Perspective

    Suspicious transaction reporting (STR) is a cornerstone of the international Anti-Money Laundering/Combatting the Financing of Terrorism (AML/CFT) framework. The evaluation of AML/CFT regimes is challenging,…

  3. Refereed Journal // 2016

    The Total Costs of Corporate Borrowing in the Loan Market: Don't Ignore the Fees

    More than 80% of U.S. syndicated loans contain at least one fee type and contracts typically specify a menu of spreads and fee types. We test the predictions of existing theories on the main purposes of fees and…

  4. Refereed Journal // 2016

    Carbon Price and Wind Power Support in Denmark

    This paper aims at characterizing the conditions of wind power deployment in order to infer a carbon price level that would provide wind power with comparable advantage over fossil fuel technologies as effective…

  5. Refereed Journal // 2016

    Using time-stamped survey responses to measure expectations at a daily frequency

    This article addresses one of the drawbacks of survey-based measures of expectations, the fact that updates are relatively infrequent, due to the monthly or quarterly frequency of survey waves. To obtain a more…