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Regulating Untaxable Externalities : Are Vehicle Air Pollution Standards Effective and Efficient?
Jacobsen, Mark R.; Sallee, James M.; Shapiro, Joseph S.; … - National Bureau of Economic Research - 2022
assess the effectiveness and efficiency of these standards, which are the centerpiece of US Clean Air Act regulation of …
Persistent link: https://www.econbiz.de/10013477194
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Population, Productivity, and Sustainable Consumption
Pindyck, Robert S. - National Bureau of Economic Research - 2022
How does the sustainable level of consumption depend on productivity growth and the size and growth rate of the … productivity and population growth are stochastic, and social welfare allows for human lives to have (positive or negative …) intrinsic value. I show how the maximum sustainable consumption-wealth ratio depends on expected rates of productivity and …
Persistent link: https://www.econbiz.de/10013210047
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Local Carbon Policy
Cruz, José-Luis; Rossi-Hansberg, Esteban - National Bureau of Economic Research - 2022
We study local carbon policy to address the consequences of climate change. Standard analysis suggests that the social cost of carbon determines optimal carbon policy. We start by using the spatial integrated assessment model in Cruz and Rossi-Hansberg (2021) to measure the local social monetary...
Persistent link: https://www.econbiz.de/10013210055
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Climate Change Economics over Time and Space
Desmet, Klaus; Rossi-Hansberg, Esteban - National Bureau of Economic Research - 2024
With average temperature ranging from -20°C at the North Pole to 30°C at the Equator and with global warming expected to reach 1.4°C to 4.5°C by the year 2100, it is clear that climate change will have vastly different effects across the globe. Given the abundance of land in northern...
Persistent link: https://www.econbiz.de/10014512051
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Business as Usual : Bank Net Zero Commitments, Lending, and Engagement
Sastry, Parinitha; Verner, Emil; Marqués Ibáñez, David - National Bureau of Economic Research - 2024
We use administrative credit registry data from Europe to study the impact of voluntary lender net zero commitments. We have two sets of findings. First, we find no evidence of lender divestment. Net zero banks neither reduce credit supply to the sectors they target for decarbonization nor do...
Persistent link: https://www.econbiz.de/10014544681
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Voluntary Emission Restraints in Developing Economies : The Role of Trade Policy
Caliendo, Lorenzo; Dolabella, Marcelo; Moreira, … - National Bureau of Economic Research - 2024
heterogeneous productivity, demanding labor, dirty natural resources, and intermediate goods from all industries. Second, we …
Persistent link: https://www.econbiz.de/10014544737
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To Starve or to Stoke? : Understanding Whether Divestment vs. Investment Can Steer (Green) Innovation
Pless, Jacquelyn - National Bureau of Economic Research - 2023
More than 1,500 organizations and investors representing over $40 trillion in assets have committed to fossil fuel divestment to combat climate change. Will it work? This chapter explores whether divestment might induce green innovation, a critical component of transitioning to a cleaner...
Persistent link: https://www.econbiz.de/10014226139
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Behavior Mediates the Health Effects of Extreme Wildfire Smoke Events
Heft-Neal, Sam; Gould, Carlos F.; Childs, Marissa; … - National Bureau of Economic Research - 2023
Air pollution is known to negatively affect a range of health outcomes. Wildfire smoke is an increasingly important contributor to air pollution, yet extreme smoke events are highly salient and could induce behavioral responses that alter health impacts. We combine geolocated data covering the...
Persistent link: https://www.econbiz.de/10014226166
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When we change the clock, does the clock change us?
Baylis, Patrick; Borenstein, Severin; Rubin, Edward - National Bureau of Economic Research - 2023
The practice of standardizing the designation of time is a central device for coordinating activities and economic behaviors across individuals. However, there is nearly always conflict between an individual's goals of coordinating activities with others and engaging in those activities at their...
Persistent link: https://www.econbiz.de/10014247919
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Human Capital and Climate Change
Angrist, Noam; Winseck, Kevin; Patrinos, Harry Anthony; … - National Bureau of Economic Research - 2023
Addressing climate change requires individual behavior change and voter support for pro-climate policies, yet surprisingly little is known about how to achieve these outcomes. In this paper, we estimate causal effects of additional education on pro-climate outcomes using new compulsory schooling...
Persistent link: https://www.econbiz.de/10014247920