Showing 1 - 10 of 2,363
What induces clean energy transitions? When transitional dynamics exhibit strong path dependence, a temporary shock to input composition can trigger permanent structural change. I examine whether such dynamics characterize the U.S. electricity sector's use of coal - the most climate-damaging...
Persistent link: https://www.econbiz.de/10012984756
This paper has two goals. First, we discuss several emerging approaches to applied welfare analysis under non-standard ("behavioral") assumptions concerning consumer choice. This provides a foundation for Behavioral Public Economics. Second, we illustrate applications of these approaches by...
Persistent link: https://www.econbiz.de/10013222646
We analyze optimal policy when consumers of energy-using durables undervalue energy costs relative to their private optima. First, there is an Internality Dividend from Externality Taxes: aside from reducing externalities, they also offset distortions from underinvestment in energy efficiency....
Persistent link: https://www.econbiz.de/10013091197
The history of innovation in the chemical industry offers many insights for accelerating energy innovation. In this chapter, we begin by laying out the early history of the chemical industry for an overview of the role innovation has played in its development. We then explore three noteworthy...
Persistent link: https://www.econbiz.de/10013070355
This paper explores the changing role of government involvement in health care financing policy outside the United States. It provides a review of the economics literature in this area to understand the implications of recent policy changes on efficiency, costs and quality. Our review reveals...
Persistent link: https://www.econbiz.de/10013075869
Census data from international sources covering 77% of the world's migrant population indicate that the skill …
Persistent link: https://www.econbiz.de/10013012386
subjective well-being differ greatly among countries. Life satisfaction scores for immigrants to Canada from up to 100 source …
Persistent link: https://www.econbiz.de/10012983665
United States and Canada, 1870-1913. Both countries adhered to the international gold standard. This meant that the domestic … response to supply' shocks. For Canada the results are murkier. As in the U.S., the money supply shocks before 1896 are … shocks play a larger role in determining output behavior in Canada. The key conclusion of our analysis is that the simple …
Persistent link: https://www.econbiz.de/10013220513
This paper presents new evidence linking trust and subjective well-being, based primarily on data from the Gallup World … surveys and the Gallup World Poll ask respondents to estimate the chances that a lost wallet would be returned to them if … experimental data from Canada show that wallets are far more likely to be returned, even by strangers in large cities, than people …
Persistent link: https://www.econbiz.de/10013144746
The U.S. tax code provides a number of subsidies for low-carbon technologies. I discuss the difficulties of achieving key policy goals with subsidies as opposed to using taxes to raise the price of pollution-related activities. In particular, subsidies lower the cost of energy (on average)...
Persistent link: https://www.econbiz.de/10013152559