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Would My Driving Pattern Change If My Neighbor Were to Buy an Emission-Free Car?
Kverndokk, Snorre - 2019
Aiming to reduce the number of brown (polluting) cars on the road, several countries currently promote the purchase and use of green (emission-free) cars through financial and non-financial incentives. We study how such incentives affect consumers who continue to drive brown cars. Using a simple...
Persistent link: https://www.econbiz.de/10012866367
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Regulating Untaxable Externalities : Are Vehicle Air Pollution Standards Effective and Efficient?
Jacobsen, Mark R.; Sallee, James; Shapiro, Joseph S.; … - 2022
What is a feasible and efficient policy to regulate air pollution from vehicles? A Pigouvian tax is technologically infeasible. Most countries instead rely on exhaust standards that limit air pollution emissions per mile for new vehicles. We assess the effectiveness and efficiency of these...
Persistent link: https://www.econbiz.de/10014240477
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Short-Time Work Subsidies in a Matching Model
Meier, Volker - 2019
We consider positive and normative aspects of subsidizing work arrangements where subsidies are paid in time of low demand and reduced working hours so as to stabilize workers’ income. In a matching framework such an arrangement increases labor demand. Tightening eligibility to short-time work...
Persistent link: https://www.econbiz.de/10012892292
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Optimal Energy Taxes and Subsidies under a Cost-Effective Unilateral Climate Policy : Addressing Carbon Leakage
Kruse-Andersen, Peter - 2019
domestic and foreign production of other goods. The optimal tax-subsidy scheme is based on an intuitive principle: Impose a …. Producers of renewables-based electricity should receive a subsidy to internalize their contribution to the reduction of global …
Persistent link: https://www.econbiz.de/10012859989
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Efficiency in Wholesale Electricity Markets : On the Role of Externalities and Subsidies
Bialek, Sylwia; Unel, Burcin - 2021
-best outcomes. We also show there exists a range of subsidy rates that are welfare-enhancing when greenhouse gas externalities are …
Persistent link: https://www.econbiz.de/10013234520
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Optimal Solar Subsidies
Colas, Mark; Saulnier, Emmett - 2023
We study the spatial misallocation resulting from subsidies for residential solar panels in the US and quantify the associated environmental costs. We build a structural model of solar panel demand and electricity production across the country and estimate the model by combining 1) remotely...
Persistent link: https://www.econbiz.de/10014348184
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The Employment Effects of a Pandemic Wage Subsidy
Smart, Michael; Kronberg, Matthew; Lesica, Josip; … - 2023
We estimate the causal effects of a pandemic-era wage subsidy program in Canada on job losses and business closures … changes in the wage subsidy rate. The estimated net wage elasticity of employment was 0.11, implying a small aggregate … employment effect of the program and an estimated fiscal cost per job saved of nearly $200,000 per year. Subsidy payments caused …
Persistent link: https://www.econbiz.de/10014262746
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Long-Term Effects of Hiring Subsidies for Unemployed Youths—Beware of Spillovers
Albanese, Andrea; Cockx, Bart; Dejemeppe, Muriel - 2022
-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy …
Persistent link: https://www.econbiz.de/10014244086
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Internationalization Strategies of Multi-Product Firms : The Role of Technology
Baumgarten, Daniel - 2020
High-performance firms typically have two features in common: i) they produce in more than one country and ii) they produce more than one product. In this paper, we analyze the internationalization strategies of multi-product firms at the product-level. We find that the most productive firms...
Persistent link: https://www.econbiz.de/10012825997
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A Theory of Monopolistic Competition with Horizontally Heterogeneous Consumers
Kokovin, Sergey G. - 2020
Our novel approach to modeling monopolistic competition with heterogeneous consumers involves a space of characteristics of a differentiated good (consumers' ideal points), alike Hotelling (1929). Firms have heterogeneous costs à la Melitz (2003). In addition to price setting, each firm also...
Persistent link: https://www.econbiz.de/10012841747