1. Refereed Journal // 2013

    Political Influence on Non-cooperative International Climate Policy

    We analyze non-cooperative international climate policy in a setting of political competition by national interest groups. In the first stage, countries decide whether to link their domestic emission …

  2. Refereed Journal // 2013

    Do information rents in loan spreads persist over the business cycles?

    In this paper, we seek empirical evidence for information rents in loan spreads by analyzing a sample of UK syndicated loan contracts for the period from 1996 to 2005. We use various measures for borrower…