promotion or for the purpose of retail arbitrage. Using US supermarket scanner data covering the 2008 Global Rice Crisis, an … episode driven by an observable cost shock due an Indian ban on raw rice exports, we find that sticky prices account for a …

which a procurement process was introduced that allowed citizens to bid to take over the implementation of a subsidized rice … reported the quality of the rice improved. Bidding committees may have avoided quality problems by choosing bidders who had …

rainfall shocks on rice output at the district level. Our analysis makes use of local meteorological data on rainfall in … combination with government administrative data on district-level rice output in the 1990s. We find that deviations from mean … local rainfall are positively associated with district-level rice output. 10% higher rainfall leads metric tons of rice …

socioeconomic prosperity and improving human health. Today, U.S. government policy seeks to promote innovation through a suite of … Business Innovation Research program to the National Science Foundation. This book surveys key dimensions of innovation policy … investment and the case for public support of innovative activity. Part II examines human capital policy and mechanisms to expand …

To reliably achieve deep decarbonization of the US power sector, a candidate policy must perform robustly across a … alternative compliance payment (ACP) backstop. Both are nearly as cost effective as the emissions-equivalent efficient policy. A …

We study local carbon policy to address the consequences of climate change. Standard analysis suggests that the social … cost of carbon determines optimal carbon policy. We start by using the spatial integrated assessment model in Cruz and …