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Pass-through of CO2 Emission Costs to Hourly Electricity Prices in Germany

Hintermann, Beat - CESifo - 2014

I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...

Persistent link: https://www.econbiz.de/10010948833

How Much Carbon Pricing is in Countries' Own Interests? The Critical Role of Co-Benefits

Parry, Ian; Veung, Chandara; Heine, Dirk - CESifo - 2014

This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits. On average, nationally efficient prices are substantial, $57.5 per ton of CO2 (for year 2010), reflecting primarily...

Persistent link: https://www.econbiz.de/10010948903

When Labor Disputes Bring Cities to a Standstill: The Impact of Public Transit Strikes on Traffic, Accidents, Air Pollution, and Health

Bauernschuster, Stefan; Hener, Timo; Rainer, Helmut - CESifo - 2015

Many governments have banned strikes in public transportation. Whether this can be justified depends on whether strikes endanger public safety or health. We use time-series and cross-sectional variation in powerful registry data to quantify the effects of public transit strikes on urban...

Persistent link: https://www.econbiz.de/10011265260

The Life Satisfaction Approach to Environmental Valuation

Frey, Bruno S.; Luechinger, Simon; Stutzer, Alois - CESifo - 2009

In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals’ well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...

Persistent link: https://www.econbiz.de/10008583664

Designing Fiscal Policy to Address the External Costs of Energy

Parry, Ian - CESifo - 2014

This paper first reviews the conceptual case for, and appropriate design of, fiscal policies to address major externalities associated with energy use—global warming, local air pollution, and various side effects (e.g., congestion) from motor vehicles. Techniques for (roughly) estimating the...

Persistent link: https://www.econbiz.de/10011099764

Will Skyscrapers Save the Planet? Building Height Limits and Urban Greenhouse Gas Emissions

Borck, Rainald - CESifo - 2014

This paper studies the effectiveness of building height limits as a policy to limit greenhouse gas (GHG) emissions. It shows that building height limits lead to urban sprawl and higher emissions from commuting. On the other hand, aggregate housing consumption may decrease which reduces emissions...

Persistent link: https://www.econbiz.de/10010764297

Ageing and Fiscal Imbalances Across Generations: Concepts of Measurement

Fenge, Robert; Werding, Martin - CESifo - 2003

In the literature, several approaches have been taken to measure the impact of demographic ageing on public pension schemes, with particular attention being paid to potential fiscal imbalances across the generations involved in demographic transition. In this paper, we review three of these...

Persistent link: https://www.econbiz.de/10005765993

A Rise by Any Other Name? Sensitivity of Growth Regressions to Data Source

Filer, Randall; Hajkova, Dana; Hanousek, Jan - CESifo - 2007

Measured rates of growth in real per capita income differ drastically depending on the data source. This phenomenon occurs largely because data sets differ in whether and how they adjust for changes in relative prices across countries. Replication of several recent studies of growth determinants...

Persistent link: https://www.econbiz.de/10005181475

Fighting Lone Mothers' Poverty through in-Work Benefits - Methodological Issues and Policy Suggestions

Pronzato, Chiara - CESifo - 2013

(2012) find a positive effect of the reform on lone mothers’ labour supply and a small reduction in poverty. Is the best … result that policy makers could obtain in terms of poverty reduction? In this paper, I estimate a discrete choice model of … have minimized poverty among lone mothers. …

Persistent link: https://www.econbiz.de/10010877897

Poverty and Welfare Measurement on the Basis of Prospect Theory

Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - CESifo - 2013

This paper examines the measurement of social welfare, poverty and inequality taking into account reference …-dependence, loss aversion and diminishing sensitivity—aspects emphasized in Prospect Theory—to social welfare measurement. We suggest a … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on …

Persistent link: https://www.econbiz.de/10010607471

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