Capital structure in LNG infrastructures and gas pipelines projects: Empirical evidences and methodological issues Energy Policy This paper provides new empirical insights on the capital structure of project-financed LNG infrastructures and gas pipeline projects, by using data relating to projects whose financial close occurred between June 2004 and March 2011. Most results are consistent with the… أكسل بيريو
A simple approach to valuing a multinational firm’s tax shields Applied Financial Economics We consider a multinational firm that seeks to maximize its total amount of interest tax shield while following a constant debt ratio policy on a global level. The firm’s total interest tax shield can then be considered as a piecewise-linear… أكسل بيريو, طارق عطاالله
Sensitivity of policy simulation to benchmark scenarios in CGE models: illustration with carbon leakage UCL CORE Discussion Paper 2012/63 In a Computable General Equilibrium (CGE) setting, we show how the cost of a carbon policy for an open economy depends on the assumptions made about future exogenous structural changes. For dynamic CGE models, we propose an analytical framework derived from static… أوليفير دوراند لاسيرف, أكسل بيريو
Country risk, ownership concentration and debt ratio of gas transport projects: a statistical analysis Energy Procedia أكسل بيريو
Effects of the uncertainty about global economic recovery on energy transition and CO2 price MIT CEEPR Working Paper WP 11-005 أكسل بيريو, Yves Smeers
Financing mix and project valuation: alternative methods and possible adjustments Kolb Series in Finance, John Wiley & Sons, Inc., Hoboken, New Jersey أكسل بيريو
Examining the role of financial investors and speculation in oil markets Journal of Alternative Investments أكسل بيريو
Le modèle de Pakravan (1981), le modèle de Pindyck (1978), p. 193-198, Calcul économique et prix du CO2 en univers incertain, un retour sur la loi d’Hotelling, p. 660-661 in “Energie, économie et politiques” (Jean-Pierre Hansen and Jacques Percebois) De Boeck, Bruxelles أكسل بيريو
Allocating the CO2 emissions of an oil refinery with Aumann-Shapley prices: a reply Energy Economics أكسل بيريو
WACC and free cash flows: a simple adjustment for capitalized interest costs Quarterly Review of Economics and Finance أكسل بيريو
Uncertain long-run emissions targets, CO2 price and global energy transition: a general equilibrium approach Energy Policy أكسل بيريو, Yves Smeers
Speculation without oil stockpiling as a signature: a dynamic perspective OPEC Energy Review أكسل بيريو
Uncertain long-run emissions targets, CO2 price and global energy transition: a general equilibrium approach Energy Policy The persistent uncertainty about mid-century CO2 emissions targets is likely to affect not only the technological choices that energy-producing firms will make in the future but also their current investment decisions. We illustrate this effect on CO2 price and global… أوليفير دوراند لاسيرف, أكسل بيريو
Allocating the value of an open-loop optimal control problem between its state variables Optimal Control Applications and Methods أكسل بيريو
The weighted average cost of capital is not quite right: a comment Quarterly Review of Economics and Finance أكسل بيريو
The weighted average cost of capital is not quite right: a rejoinder Quarterly Review of Economics and Finance أكسل بيريو
Financing and valuation of a marginal project by a firm facing various tax rates Frontiers in Finance and Economics أكسل بيريو
