Narrow search
Showing 1 - 10 of 620
Cover Image
The Market and Climate Implications of U.S. LNG Exports
Stock, James H.; Zaragoza-Watkins, Matthew - National Bureau of Economic Research - 2024
From 2015 to 2023, the United States transformed from a net importer of natural gas to the world's largest liquified natural gas (LNG) exporter. We find that this surge in LNG exports has reconnected U.S. gas prices to world market prices, after a hiatus of "shut-in" fracked gas. We estimate...
Persistent link: https://www.econbiz.de/10014512082
Cover Image
Incentive Pay and Social Returns to Worker Effort in Public Programs : Evidence from the Weatherization Assistance Program
Christensen, Peter; Francisco, Paul; Myers, Erica - National Bureau of Economic Research - 2023
Aligning compensation with recipient outcomes has the potential to improve the efficiency of government programs. We perform a field experiment to evaluate the impact of performance bonuses on the returns to spending in a large low-income energy efficiency assistance program. We find that...
Persistent link: https://www.econbiz.de/10014322710
Cover Image
Micro and Macro Elasticities in a Life Cycle Model With Taxes
Rogerson, Richard - 2007
We build a life cycle model of labor supply that incorporates changes along both the intensive and extensive margin and use it to assess the consequences of changes in tax and transfer policies on equilibrium hours of work. We find that changes in taxes have large aggregate effects on hours of...
Persistent link: https://www.econbiz.de/10012465638
Cover Image
Short-time Employment Aid During the Covid-19 Lockdown Short- and Long-run Effectiveness
Salerno, Luca; Börsch-Supan, Axel; López-Falcón, Diana; … - National Bureau of Economic Research - 2024
and long term in Europe among workers aged 50 and older, a part of the population that was especially threatened by the … disease. Using data from the Survey of Health, Ageing and Retirement in Europe (SHARE), we analyze the impact of STEA on …STEA was widespread in Europe. Our findings indicate that the use of STEA was in general reasonably targeted and may …
Persistent link: https://www.econbiz.de/10015056152
Cover Image
Who Will Pay for Legacy Utility Costs?
Davis, Lucas W.; Hausman, Catherine - National Bureau of Economic Research - 2021
The growing "electrify everything" movement aims to reduce carbon dioxide emissions by transitioning households and firms away from natural gas toward electricity. This paper considers what this transition means for the customers who are left behind. Like most natural monopolies, natural gas...
Persistent link: https://www.econbiz.de/10012585439
Cover Image
Headwinds and Tailwinds : Implications of Inefficient Retail Energy Pricing for Energy Substitution
Borenstein, Severin; Bushnell, James B. - National Bureau of Economic Research - 2021
Electrification of transportation and buildings to reduce greenhouse gas (GHG) emissions requires massive switching from natural gas and refined petroleum products. All three end-use energy sources are mispriced due in part to the unpriced pollution they emit. Natural gas and electricity...
Persistent link: https://www.econbiz.de/10012616566
Cover Image
More Amazon Effects : Online Competition and Pricing Behaviors
Cavallo, Alberto - 2018
I study how online competition, with its algorithmic pricing technologies and the transparency of the Internet, can change the pricing behavior of large retailers and affect aggregate inflation dynamics. In particular, I show that online competition has raised both the frequency of price changes...
Persistent link: https://www.econbiz.de/10012480790
Cover Image
Efficiency and Equity Impacts of Energy Subsidies
Hahn, Robert William; Metcalfe, Robert D. - National Bureau of Economic Research - 2021
Economic theory suggests that energy subsidies can lead to excessive consumption and environmental degradation. However, the precise impact of energy subsidies is not well understood. We analyze a large energy subsidy: the California Alternate Rates for Energy (CARE). CARE provides a price...
Persistent link: https://www.econbiz.de/10012482589
Cover Image
Do Americans Consume Too Little Natural Gas? An Empirical Test of Marginal Cost Pricing
Davis, Lucas W. - 2010
This paper measures the extent to which prices exceed marginal costs in the U.S. natural gas distribution market during the period 1991-2007. We find large departures from marginal cost pricing in all 50 states, with residential and commercial customers facing average markups of over 40%. Based...
Persistent link: https://www.econbiz.de/10012462765
Cover Image
Shock Value : Bill Smoothing and Energy Price Pass-Through
Hausman, Catherine - 2018
Energy price pass-through receives a lot of academic attention, for several reasons: energy prices can be highly volatile, they impact every consumer and every industry in the economy, and they are frequently impacted by regulations including gas taxes and carbon regulations. Like the...
Persistent link: https://www.econbiz.de/10012453158