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Valuing Excess Deaths Caused by Climate Change
Bressler, R. Daniel; Heal, Geoffrey - National Bureau of Economic Research - 2022
Valuing deaths caused by climate change in Benefit Cost Analysis (BCA) is complex and controversial, having caused disagreement and acrimony in past high-profile settings. Furthermore, it is of first order consequence to the value of the social cost of carbon (SCC). Despite this, the underlying...
Persistent link: https://www.econbiz.de/10013462696
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The Economics of Carbon Accounting and Carbon Offsets
Heal, Geoffrey - National Bureau of Economic Research - 2022
I provide a rigorous framework for accounting for corporate greenhouse gas emissions, based on the Greenhouse Gas Protocol. I show that only Scope 1 emissions are of interest from a national policy perspective: that emissions in Scopes 2 and 3 are duplicative, and that downstream Scope 3...
Persistent link: https://www.econbiz.de/10013462697
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An Empirical Analysis of the Interconnection Queue
Johnston, Sarah; Liu, Yifei; Yang, Chenyu - National Bureau of Economic Research - 2023
Generators applying to connect to the U.S. power grid go through an interconnection queue. Most wind and solar generators that begin the process do not complete it. Using new data, we find that a long queue increases the average waiting time, and high interconnection costs are a key factor in a...
Persistent link: https://www.econbiz.de/10014447267
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Trade, Human Capital, and Income Risk
Deng, Liuchun; Krishna, Pravin; Senses, Mine Zeynep; … - National Bureau of Economic Research - 2021
In this paper, we empirically assess the causal links between trade and individual income risk and study the role that … and the linkage between trade and risk: While, on average, individuals with higher levels of industry- or occupation … of industry-specific human capital can be costly for workers in highly trade-exposed industries. By contrast, we find no …
Persistent link: https://www.econbiz.de/10012794639
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Collective Reputation in Trade : Evidence from the Chinese Dairy Industry
Bai, Jie - 2019
noninspected firms. These findings highlight the importance of collective reputation in international trade and the challenges …
Persistent link: https://www.econbiz.de/10012480227
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Playing With Fire : Cigarettes, Taxes and Competition From the Internet
Goolsbee, Austan - 2009
This paper documents the rise of the Internet as a source of state-tax-free cigarettes and its impact on taxed sales elasticities. Using data on cigarette tax rates, taxable cigarette sales and individual smoking rates by state from 1980 to 2005 merged with data on Internet penetration, the...
Persistent link: https://www.econbiz.de/10012463038
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The Dynamics of the Transfer and Renewal of Patents
Serrano, Carlos J. - 2008
This paper explores the dynamics of the transfer of U.S. patents and the significance of the initial missallocation of patent property rights. Here we find that the initial missallocation of patent property rights is large and differs substantially across patentees and technology fields. We also...
Persistent link: https://www.econbiz.de/10012464710
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Skill Acquisition, Credit Constraints, and Trade
Chesnokova, Tatyana - 2006
wealth. We use a two factor general equilibrium model and assume credit markets are absent. We explore the effects of trade … that developed countries need to ensure access to education when liberalizing trade to ensure they reap the potential gains … from trade …
Persistent link: https://www.econbiz.de/10012466254
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Execution Risk
Engle, Robert - 2006
execution and the risk is a result of price movements during a more gradual trading. The paper shows that the trade-off between …
Persistent link: https://www.econbiz.de/10012466529
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Distribution Costs and Real Exchange Rate Dynamics During Exchange-Rate-Based-Stabilizations
Burstein, Ariel T. - 2000
This paper studies the role played by the distribution sector in shaping the behavior of the real exchange rate during exchange-rate-based-stabilizations. We use data for the U.S. and Argentina to document the importance of distribution margins in retail prices and disaggregated price data to...
Persistent link: https://www.econbiz.de/10012470881