Browsing by Subject "Investment"
Now showing items 1-12 of 12
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Closing the “Energy-Efficiency Gap”: An Empirical Analysis of Property Assessed Clean Energy
(2012-04-27)Until federal regulators halted operations, a handful of municipal PACE programs across the US offered property-secured loans from city or county funds to homeowners for residential clean energy investments. These loans, ... -
Dynamic Compensation and Investment with Limited Commitment
(2014)In this dissertation I study the role of limited commitment in dynamic models. In the first part, I consider firms that face uncertainty shocks in a principal-agent setting but have only limited ability to commit to long-term ... -
Economic Channels for Influence Over Governments
(2022)This dissertation focuses on how economic markets provide channels for influence over government policy. Specifically, I examine three levels of analysis: the household, the financial security, and the foreign state. Economic ... -
Effective Instruments for Timber Investment Management Organizations (TIMO) Cooperation with Conservation Groups
(2007-11-30)Forestry in the United States has changed rapidly in the past 20 years. Ownership of private forest land has changed from Integrated Forest Products Firms (IFP) to smaller landowners and investors. TIMOs have proliferated ... -
Embedding Climate Change in Strategic Investment Decision-Making: Developing a Global Timber Resource Constraint Under Climate Scenarios
(2020-04-24)Climate change is a growing risk to the private sector. Research has shown that today’s financial assets at risk from climate change total between US$2.5 trillion and $24.2 trillion by 2100 . To mitigate this, our client, ... -
Essays in Industrial Organization
(2015)This dissertation extends the economics literature in industrial organization with three empirical essays on the strategic decisions of firms in imperfectly competitive markets. Using data from the U.S. airline industry, ... -
Essays on Technology, Fiscal Policy, and Firm Behavior
(2022)My dissertation seeks to enhance our understanding of how technology and fiscal policies shape firm behavior and implications for the aggregate economy and policy designs. In the first two chapters, I show empirically and ... -
Sustainable Duke: Sustainable Investment and Procurement
(2016-04-28)Since President Brodhead signed the American College & University President’s Climate Commitment in 2007, Duke University has committed to achieve carbon neutrality by 2024. After developing a Climate Action Plan to achieve ... -
The Effects of Anticipated Future Investments on Firm Value: Evidence from Mergers and Acquisitions
(2013)I examine the long-term valuation consequence of over-investment in mergers and acquisitions (M&As) on acquiring firms through the "anticipation effect," in which forward-looking prices embed investors' expectations about ... -
The Energy Investment Index: A business case for Duke University Energy Initiative's Energy Investment Index
(2013-12-26)The Duke University Energy Initiative, with the goal of establishing Duke University as a leader in energy industry data analytics, is exploring the creation of an index that tracks investment in the energy sector over time. ... -
Uncertainty Shocks, Asset Supply and Pricing over the Business Cycle
(The Review of Economic Studies, 2018)This article estimates a business cycle model with endogenous financial asset supply and ambiguity averse investors. Firms’ shareholders choose not only production and investment, but also capital structure and payout policy ... -
Uncovering Barriers to Domestic Biomass Investment
(2015-12-04)Wood has been used as an energy source for hundreds of thousands of years, and even today, accounts for 10% of the global total primary energy supply. Though traditional uses such as heating and cooking are the most common ...