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Abatement can be performed by measures that have an impact on present emissions, but no lasting effect, and by long-lived infrastructure investments. We study the optimal combination of short and long-lived options for reducing greenhouse gas (GHG) emissions, by specifying abatement cost...
Persistent link: https://www.econbiz.de/10013187530
In this paper, we evaluate the efficiency of the French State aid plan for broadband deployment, the Plan France Très Haut Débit. According to State aid rules, public subsidies should not be substitute for private investment and should target areas with market failures. We estimate a...
Persistent link: https://www.econbiz.de/10014283906
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/10014284675
We study the effects of a large car scrappage scheme in Germany on new car purchases and local air quality by combining vehicle registration data with data on local air pollutant emissions. For identification we exploit cross-sectional variation across districts in the number of cars eligible...
Persistent link: https://www.econbiz.de/10014307150
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/10013494038
-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy …
Persistent link: https://www.econbiz.de/10013383613
cost and commuting cost determine how subsidising or taxing commuting affects behaviour and social efficiency. A subsidy … which the subsidy alleviates or exacerbates the tax distortions, also where housing is tax favoured, as is often the case …
Persistent link: https://www.econbiz.de/10014521192
Due to markup distortions, in international trade models with monopolistic competition and heterogeneous firms the market equilibrium is inefficient unless demand exhibits constant elasticity of substitution. When it does not, global welfare maximization generally requires policy intervention...
Persistent link: https://www.econbiz.de/10014515012
with major reforms of the commuting subsidy formula in Germany, generate worker-specific variation in commuting subsidy …
Persistent link: https://www.econbiz.de/10014486808
This paper analyzes the allocation of workers to jobs and the wage distribution in Germany. Our main contribution is to reconcile prominent empirical models of wage dispersion (Abowd et al., 1999; Card et al., 2013) with theoretical sorting models (Shimer and Smith, 2000; Eeckhout and Kircher, 2011;...
Persistent link: https://www.econbiz.de/10011524613