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Corruption and reform : lessons from America's economic history
Glaeser, Edward L. (ed.); Goldin, Claudia (contributor) - 2006
Persistent link: https://www.econbiz.de/10013480814
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The Economics of Biodiversity Loss
Giglio, Stefano; Kuchler, Theresa; Stroebel, Johannes; … - National Bureau of Economic Research - 2024
We explore the economic effects of biodiversity loss by developing an ecologically-founded model that captures how different species interact to deliver the ecosystem services that complement other factors of economic production. Aggregate ecosystem services are produced by combining several...
Persistent link: https://www.econbiz.de/10014635641
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Smoke from Factory Chimneys : The Applied Economics of Air Pollution in the Progressive Era
Banzhaf, H. Spencer; Walsh, Randall P. - National Bureau of Economic Research - 2024
Like today, one hundred years ago air pollution was a matter of grave concern in the world's most polluted cities. In the wake of its famous 1908-9 social survey, the City of Pittsburgh commissioned an "Economic Survey of Pittsburgh" from John T. Holdsworth, a prominent institutional economist...
Persistent link: https://www.econbiz.de/10014528368
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The Incubator of Human Capital : The NBER and the Rise of the Human Capital Paradigm
Goldin, Claudia; Katz, Lawrence F. - National Bureau of Economic Research - 2020
The human capital construct is deep in the bones of economics and finds reference by many classical economists, even if … they did not use the phrase. The term "human capital," seldom mentioned in economics before the 1950s, increased starting … to 2019, the use of human capital among NBER books increased from 5% to 25%, whereas all economics books changed from 3 …
Persistent link: https://www.econbiz.de/10012482089
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Theory and Measurement : Emergence, Consolidation and Erosion of a Consensus
Biddle, Jeff E. - 2016
We identify three separate stages in the post-World War II history of applied microeconomic research: A generally non-mathematical period; a period of consensus (from the 1960s through the early 1990s) characterized by the use of mathematical models, optimization and equilibrium to generate and...
Persistent link: https://www.econbiz.de/10012456423
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Evaluating Rubin's Causal Model for Measuring the Capitalization of Environmental Amenities
Klaiber, H. Allen - 2009
This paper outlines a new framework for gauging the properties of quasi-experimental estimates of the willingness to pay (WTP) for changes in environmental and other non-market amenities. As a rule, quasi-experimental methods cannot offer alternative hypotheses to judge the quality of their...
Persistent link: https://www.econbiz.de/10012463692
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Measuring the Value of a Statistical Life : Problems and Prospects
Ashenfelter, Orley - 2006
Tradeoffs between monetary wealth and fatal safety risks are summarized in the value of a statistical life (VSL), a measure that is widely used for the evaluation of public policies in medicine, the environment, and transportation safety. This paper demonstrates the widespread use of this...
Persistent link: https://www.econbiz.de/10012466755
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Multiple Price Lists for Willingness to Pay Elicitation
Jack, B. Kelsey; McDermott, Kathryn; Sautmann, Anja - National Bureau of Economic Research - 2022
Multiple price lists are a convenient tool to elicit willingness to pay (WTP) in surveys and experiments, but choice patterns such as "multiple switching" and "never switching" indicate high error rates. Existing measurement approaches often do not provide accurate standard errors and cannot...
Persistent link: https://www.econbiz.de/10013388789
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Where Does Energy R&D Come From? Examining Crowding Out from Environmentally-Friendly R&D
Popp, David - 2009
Recent efforts to endogenize technological change in climate policy models demonstrate the importance of accounting for the opportunity cost of climate R&D investments. Because the social returns to R&D investments are typically higher than the social returns to other types of investment, any...
Persistent link: https://www.econbiz.de/10012463226
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Costly Capital Reallocation and the Effects of Government Spending
Ramey, Valerie A. - 1999
reallocation of capital across sectors is costly. The two-sector model leads to a richer array of possible responses of aggregate …
Persistent link: https://www.econbiz.de/10012471736