We construct representative firm-level longitudinal data for twenty-seven European countries using financial statements from the Orbis global database, providing a “how-to” guide on the construction. We validate our dataset by comparing its aggregate coverage to official statis- tics and...

We present new stylized facts on bank and firm leverage for 2000-2009 using extensive internationally comparable micro level data from several countries. The main result is that there was very little buildup in leverage for the average non-financial firm and commercial bank before the crisis,...

Bent Sørensen, one of the world's leading experts in the field of renewable energy systems, explores the current hurdles to the universal adoption of renewable energy sources and proposes solutions to the current situation in this new inspiring work. He discusses the social, political and...