We study the relationship between corporate income taxation and carbon dioxide (CO2) emissions in the U.S. We show that CO2-intensive firms benefit more from the tax advantage of debt, and pay lower income taxes on their capital income.

Members of the Department of Finance at Bocconi University will present research and serve as discussants at the 2026 European Finance Association (EFA) Annual Meeting, to be held August 19–22 at Vlerick Business School in Ghent, Belgium.

Asset Pricing Workshop May 15 – Final Program

"Credit Cycles and Creditor Rights" by Martin Kornejew, Shohini Kundu, Karsten Müller.
Accepted for presentation at the 2026 SFS Cavalcade NA, Stanford University

We present a theory of decisions in which attention to the features of choice options is determined by the decision maker's categorization of the current choice problem in a set of problems she solved in the past.