Auflistung nach Autor "Schwartz, Eduardo S."

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    • Growth Options and Firm Valuation 

      Kraft, Holger; Schwartz, Eduardo S.; Weiss, Farina (2013-11-01)
      "This paper studies the relation between firm value and a firm's growth options. We find strong empirical evidence that (average) Tobin's Q increases with firm-level volatility. The significance mainly comes from R&D firms, ...

    • Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change 

      Hambel, Christoph; Kraft, Holger; Schwartz, Eduardo S. (2018-09-24)
      This paper studies a dynamic stochastic general equilibrium model involving climate change. Our framework allows for feedback effects on the temperature dynamics. We are able to match estimates of future temperature ...