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the economic consequences of policy changes. To help assess and potentially strengthen the credibility of such …
Persistent link: https://www.econbiz.de/10014322709
Effective and economical expansion of renewable energy is one of the most urgent and important challenges of addressing climate change. However, many countries are facing a problem because existing network infrastructures (i.e., transmission networks) were not originally built to accommodate...
Persistent link: https://www.econbiz.de/10013210044
Despite a 30-year long history, Renewable Portfolio Standards (RPS) remain controversial and debates continue to surround their efficacy in leading the low-carbon transition in the electricity sector. Contributing to the ongoing debates is the lack of definitive causal evidence on their impact...
Persistent link: https://www.econbiz.de/10014337826
a range of scenarios, with substantial welfare gains, even in the absence of policy. Incorporating policy, we find that …
Persistent link: https://www.econbiz.de/10014337847
Environmental policy is increasingly concerned with measuring emissions resulting from local changes to electricity …
Persistent link: https://www.econbiz.de/10014468265
-owned utilities compared to municipal producers that are exempted from this climate policy. Contrary to stranded-asset concerns, the …
Persistent link: https://www.econbiz.de/10014447281
Our new analytical general equilibrium model is used to study effects of tightening state Renewable Portfolio Standards (RPS) on electricity price, CO2 emissions, fossil fuel electricity generation, and two kinds of renewable generation. We show how those outcomes depend on key state...
Persistent link: https://www.econbiz.de/10012938752
We develop a computable general equilibrium model of the United States economy to study the unemployment effects of … climate policy and the importance of cross-sectoral labor mobility. We consider two alternate extreme assumptions about labor … carbon tax on aggregate unemployment is small and similar across the two labor mobility assumptions (0.2-0.3 percentage …
Persistent link: https://www.econbiz.de/10012479747
We study the incidence of pollution taxes and their impact on unemployment in an analytical general equilibrium … efficiency wage model. We find closed-form solutions for the effect of a pollution tax on unemployment, factor prices, and output …
Persistent link: https://www.econbiz.de/10012482180
In this paper, in order to study the impact of offshoring on sectoral and economywide rates of unemployment, we … construct a two sector general equilibrium model in which labor is mobile across the two sectors, and unemployment is caused by … search frictions. We find that, contrary to general perception, wage increases and sectoral unemployment decreases due to …
Persistent link: https://www.econbiz.de/10012465504