Showing 1 - 10 of 130
cause Brazil's agricultural area to expand by 27%, but this expansion can be avoided if the EU and the US offer a CTA …
Persistent link: https://www.econbiz.de/10014544671
Persistent link: https://www.econbiz.de/10013521083
The EU and the U.S. confront distinct factor market dynamics and common policy challenges. Labor market developments …
Persistent link: https://www.econbiz.de/10013521217
Teacher value-added (VA) measures how teachers improve their students' contemporaneous test scores. Many teachers, however, argue that contemporaneous test scores are a poor proxy for their permanent influence on students. This paper considers a new VA measure -- 'long-run VA' -- that captures...
Persistent link: https://www.econbiz.de/10012794583
Quality of Our Financial Markets -- High Frequency Trading: Friend or Foe? -- Mid-Day Address -- May 6: Lessons Learned … that mean that market quality has improved? That is the key question addressed in this book, titled after the Baruch … College Conference, The Quality of Our Financial Markets: Taking Stock of Where We Stand. Featuring contributions from a …
Persistent link: https://www.econbiz.de/10014016378
Groundwater is a key resource for agricultural production globally. Increasingly rapid aquifer drawdowns--as well as the policies intended to increase their sustainability--increase costs to agricultural producers, with unknown consequences. This paper provides the first large-scale empirical...
Persistent link: https://www.econbiz.de/10012510584
This paper demonstrates how a central bank might operationalize an expanded role inclusive of managing risks from environmental pollution. The analysis introduces the green interest rate (rg) which depends on temporal changes in the pollution intensity of output. This policy instrument...
Persistent link: https://www.econbiz.de/10012585375
space heating, water heating, and electric vehicles under actual pricing versus setting price at SMC. We find that moving …
Persistent link: https://www.econbiz.de/10012616566
Electric vehicles are declining in cost so rapidly that they may claim a large share of the vehicle market by 2030. This paper examines a set of practical regulatory design considerations for fuel-economy standards or greenhouse gas standards in the context of highly uncertain electric vehicle...
Persistent link: https://www.econbiz.de/10012599357
Decarbonization and electrification will require a transformed electricity grid. Our long-run model of entry and exit of generation and storage capacity captures crucial aspects of the electricity industry such as time-varying demand for electricity, intermittency of renewables, and...
Persistent link: https://www.econbiz.de/10013210110