We design a survey to provide quantitative evidence about household demand for qualitative aspects of tap water supply. We focus on two characteristics that are of importance for households: water hardness and aesthetic quality in terms of taste, smell and appearance. Our survey elicits...

In response to the perceived quality of a public good, households may choose to incur averting expenditures as a substitute to its aggregate provision, thereby revealing an (inverse) demand function. When unobserved heterogeneity affects both perceived quality and averting behavior,...

How much will the global population expand, can all these extra mouths be fed, and what is the role in this story of economic growth? We structurally estimate a two-sector Schumpeterian growth model with endogenous population and finite land reserves to study the long-run evolution of global...

This paper describes the implementation in GAMS of an economic equilibrium model based on the GTAP version 9 dataset. We call this model and the ancillary programming tools GTAPINGAMS, version 9. Relative to previous installments of GTAPINGAMS, an innovation in this model is that it can easily...

Pigovian regulation provides monetary penalties/rewards to incentivize prosocial behavior, and may thereby trigger behavioral effects beyond a more standard response associated with a change in relative prices. This paper quantifies the magnitude of these behavioral effects using data from an...

We develop a simple theoretical framework that identifies time preferences without relying on a particular utility function. Our empirical strategy requires observations about intertemporal consumption allocation decisions made under varying relative prices, and seeks to approximate the marginal...

We study how stochasticity in the evolution of agricultural productivity interacts with economic and population growth at the global level. We use a two-sector Schumpeterian model of growth, in which a manufacturing sector produces the traditional consumption good and an agricultural sector...

The world is banking on a major increase in food production, if the dietary needs and food preferences of an increasing, and increasingly rich, population are to be met. This requires the further expansion of modern agriculture, but modern agriculture rests on a small number of highly productive...

Using a dual-market sorting model of workers' location decisions, this paper studies the capitalization of air pollution in wages and property prices across Chinese cities. To account for endogeneity of air pollution in the determination of wages and property prices, we exploit...

This paper studies the role of imperfect information and attentional biases in the context of energy efficiency investments in rented properties and associated split incentives. We design a multiple price list experiment representing owners' decision to replace the central heating appliance, and...