pollution are low. In this case RJVs fully share information and internalize the associated externality. However when the level …

A robust body of evidence shows that air pollution exposure is detrimental to health outcomes, often measured as deaths …, performance, and skills. This article reviews the economic research investigating the causal effects of pollution on "non … pollution can be more challenging to observe than formal health care encounters but may be more pervasive if they affect …

This article proposes and evaluates four hypotheses about US pollution and environmental policy over the last half … century. First, air and water pollution have declined substantially, although greenhouse gas emissions have not. Second …, environmental policy explains a large share of these trends. Third, much of the regulation of air and drinking water pollution has …

We compare the spatial distribution of emissions from Southern California's pollution-trading program with that of a …