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Many transportation policies indirectly affect vehicle travel and resulting externalities by inducing changes in vehicle scrappage rates. We leverage the staggered removal of state-level safety inspection programs across the United States within an instrumental variables (IV) framework to...
Persistent link: https://www.econbiz.de/10013435108
Pareto Efficiency is a core assumption of most models of household decision-making. We test this assumption using a new …
Persistent link: https://www.econbiz.de/10014250212
analyze the dynamic effects of feedback on beliefs about own performance and decision-making across two different domains …
Persistent link: https://www.econbiz.de/10012660060
demand for decision-making and explores the consequences for life-cycle earnings. Career earnings growth in the U.S. more … substantial share of this shift is explained by increased employment in decision-intensive occupations, which have longer and more … gradual periods of earnings growth. To understand these patterns, I develop a model that nests decision-making in a standard …
Persistent link: https://www.econbiz.de/10012510612
We examine individuals' decisions to attend protests during the summer of 2020. Our analysis examines two simultaneous movements: Black Lives Matter along with protests calling for less stringent public health measures to combat the COVID-19 (e.g., for swifter reopening of businesses). Our...
Persistent link: https://www.econbiz.de/10013191081
We show how uncertainty shapes the asset allocation, composition, productivity, and value of capital-intensive firms. We do so using detailed, near-universal data on shipping firms' new orders, secondary-market transactions, and demolition of ships. Firms curtail both the acquisition and...
Persistent link: https://www.econbiz.de/10012585455
Besides a variety of production and environmental benefits, cover cropping has been advocated as a mean to increase resilience to drought. We explored factors influencing farmer's adoption of cover crops and examined the effects of cover crops on soybean yield and its risk using USDA's 2018 ARMS...
Persistent link: https://www.econbiz.de/10013334341
Diesel emissions from school buses expose children to high levels of air pollution; retrofitting bus engines can substantially reduce this exposure. Using variation from 2,656 retrofits across Georgia, we estimate effects of emissions reductions on district-level health and academic achievement....
Persistent link: https://www.econbiz.de/10012479593
In many countries the revenue from gasoline taxes is used to fund highways and other transportation infrastructure. As the number of electric vehicles on the road increases, this raises questions about the effectiveness and equity of this financing mechanism. In this paper, we ask whether...
Persistent link: https://www.econbiz.de/10012480019
This paper constructs new estimates of the air pollution and greenhouse gas costs from long-distance movement of petroleum products by rail and pipelines. While crude oil transportation has generated intense policy debate about rail and pipeline spills and accidents, important externalities -...
Persistent link: https://www.econbiz.de/10012453859