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We use instrumental variable methods to investigate whether the impact of parental smoking habits on their children's smoking decisions is a causal one. We find evidence of same-sex role models in two-parent households: mothers play a crucial role in determining their daughters' smoking...
Persistent link: https://www.econbiz.de/10013156225
As a unified discipline, econometrics is still relatively young and has been transforming and expanding very rapidly over the past few decades. Major advances have taken place in the analysis of cross sectional data by means of semi-parametric and non-parametric techniques. Heterogeneity of...
Persistent link: https://www.econbiz.de/10012773713
In this paper we reexamine the Feldstein-Horioka finding of limited international capital mobility by using a broader view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to this change
Persistent link: https://www.econbiz.de/10012777642
This paper analyzes the impact of urbanization on CO2 emissions in developing countries, taking into account the presence of heterogeneity in the sample of countries and testing for the stability of the estimated elasticities over time. The sample covers the period from 1975 through 2003 for...
Persistent link: https://www.econbiz.de/10013316481
Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high growth rates, Asia is still facing considerable socio-economic challenges. If Asia is to reemerge as a major power in the global economy and in order for the region to...
Persistent link: https://www.econbiz.de/10013317319
We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … increasing interaction between electricity and input prices on the one hand, and between electricity markets on the other. The …
Persistent link: https://www.econbiz.de/10010877729
the following coal-only phase, and a flat carbon tax during the final renewables-only phase. The “laissez-faire” outcome … energy). Subsidizing renewables to just below the cost of coal does not affect the oil-only phase. The gain in green welfare … carbon tax a prohibitive coal tax leads to less oil left in situ and substantially delays introduction of renewables, but …
Persistent link: https://www.econbiz.de/10009221555
renewables, implying that the most salient feature of the last 200 years of energy history is the dramatic rise in the use of …
Persistent link: https://www.econbiz.de/10010634077
substantially. Subsidizing renewables to just below the cost of coal does not affect the oil-only phase. The gain in green welfare …
Persistent link: https://www.econbiz.de/10008833876
by the Constitutional Council; the challenges relating to renewable and nuclear electricity generation; the ways to …
Persistent link: https://www.econbiz.de/10010559788