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Japanese public pension benefits, which were distributed quarterly through February 1990 and every other month since then, induce substantial but predictable income fluctuations. The relative magnitude of the payments combined with the delay between payments yields a stronger test of the...
Persistent link: https://www.econbiz.de/10013138326
In recent years, the share of U.S electricity generated by coal has fallen from nearly 50% to 33%. The costs of this … transition are spatially concentrated, and mining states have already lost income due to the reduced demand for coal. Coal states … states and counties with substantial mining activity are more likely to be coal fired and to purchase more within political …
Persistent link: https://www.econbiz.de/10012962185
studying climate damage. Our model features coal, oil, and gas, each extracted subject to increasing costs, a clean energy …
Persistent link: https://www.econbiz.de/10012871811
approach to data from British cities for 1851-1911. I show that local industrial coal use substantially reduced long-run city … employment growth over this period. Moreover, a counterfactual analysis suggests that plausible improvements in coal use …
Persistent link: https://www.econbiz.de/10012977623
this relationship in 1900. Growing industrial coal use from 1851-1900 reduced life expectancy by at least 0.57 years. A …
Persistent link: https://www.econbiz.de/10013013508
. Our focus is on quantifying short-term coal-to-gas switching decisions by different types of electric power plants in …
Persistent link: https://www.econbiz.de/10013013922
This paper evaluates changes in fuel procurement practices by coal- and gas-fired power plants in the United States … plants substantially reduce the price paid for coal (but not gas), and tend to employ less capital-intensive sulfur abatement … more productive coal mines. I show how these results lend support to theories of asymmetric information, capital bias, and …
Persistent link: https://www.econbiz.de/10013054040
There has been a widespread displacement of coal by natural gas as space heating and cooking technology in Turkey in …
Persistent link: https://www.econbiz.de/10012984770
due to the burning of bituminous coal for heat. We estimate the effects of this bituminous coal consumption on mortality … rates in the U.S. during the mid 20th century. Coal consumption varied considerably during the 20th century due to coal … of confounding factors, we use a triple-differences identification strategy that relies on variation in coal consumption …
Persistent link: https://www.econbiz.de/10013034213
If a coalition of countries implements climate policies, nonparticipants tend to consume more, pollute more, and invest too little in renewable energy sources. In response, the coalition's equilibrium policy distorts trade and is not time-consistent. This paper derives conditions for when...
Persistent link: https://www.econbiz.de/10013094614