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We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy sources. As a result, renewable sources twice as dense,...
Persistent link: https://www.econbiz.de/10012459753
We examine the effect of school traffic pollution on student outcomes by leveraging variation in wind patterns for …
Persistent link: https://www.econbiz.de/10012479445
The United States consumed more petroleum-based liquid fuel per capita than any other OECD-high-income country - 30 percent more than the second-highest country (Canada) and 40 percent more than the third-highest (Luxemburg). This paper examines the main channels through which reductions in U.S....
Persistent link: https://www.econbiz.de/10012460933
's traffic police agency is to manage traffic and to enforce the traffic code. We first document that, in the capital's branch …, Kinshasa, traffic violation fines account for only 22% of the revenue of the branch. The remaining 78%, unofficial, comes from … first mandate, while not improving its ability to fulfill the second. First, the quota causes 65% of all traffic jams and …
Persistent link: https://www.econbiz.de/10013334475
Replacing fossil fuels in the name of decarbonization is necessary but will be particularly difficult due to their as-yet unrivaled bundle of attributes: abundance, ubiquity, energy density, transportability and cost. There is a growing commitment to electrification as the dominant...
Persistent link: https://www.econbiz.de/10014322899
We examine a statewide program that identifies police departments with large racial disparities in traffic stops and … months) reductions in the number of minorities involved in traffic stops, with no impact on stops of white drivers …. Reductions in traffic stops involving minority drivers primarily result from fewer pretextual stops (85%) for lighting violations …
Persistent link: https://www.econbiz.de/10014635655
This paper develops, calibrates, and simulates a dynamic 88-period OLG model to study the intergenerational transmission of U.S. wealth inequality via bequests. The model features marriage, realistic fertility patterns, random death, assortative mating based on skills, heterogeneous skill...
Persistent link: https://www.econbiz.de/10012471605
In this paper we study the transition from a pay-as-you-go system of Social Security pensions to an investment-based system in an economy in which portfolio returns and capital profitability are both uncertain. The paper extends earlier studies by Feldstein and Samwick that modeled the...
Persistent link: https://www.econbiz.de/10012471784
In the United States, local government expenditures are heavily subsidized through a variety of sources. This paper explores theoretically and then simulates empirically the effects of eliminating either of two federal subsidies encouraging local government expenditures: (1) income tax...
Persistent link: https://www.econbiz.de/10012478023
accurate and low cost computational techniques which would permit extensive use of simulation methodology. Large samples are … simulation results. This paper investigates the tradeoffs available between computational accuracy and cost in simulation …
Persistent link: https://www.econbiz.de/10012478325