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This chapter examines government policy alternatives for protecting the environment. We compare environmentally motivated taxes and various non-tax environmental policy instruments in terms of their efficiency and distributional impacts. Much of the analysis is performed in a second-best setting...
Persistent link: https://www.econbiz.de/10012470260
We began this project interested in collecting real-world' insight about how environmental regulation affects the paper industry. Based on conversations with people in the industry and visits to paper mills, we formulated several hypotheses related to technology choice in new mills and the...
Persistent link: https://www.econbiz.de/10012472781
This paper analyzes the effects of environmental policy on employment (and unemployment) using a new general-equilibrium two-sector search model. We find that imposing a pollution tax causes substantial reductions in employment in the regulated (polluting) industry, but this is offset by...
Persistent link: https://www.econbiz.de/10012456406
In this chapter we analyze immigration and its effect on urban and regional economies focusing on productivity and labor markets. While immigration policies are typically national, the effects of international migrants are often more easily identified on local economies. The reason is that their...
Persistent link: https://www.econbiz.de/10012458239
We document the consequences of real exchange rate movements for the employment, hours, and hourly earnings of workers in manufacturing industries across individual states. Exchange rates have statistically significant wage and employment implications in these local labor markets. The importance...
Persistent link: https://www.econbiz.de/10012471823
flexible structure of spatial linkages, we characterize the model-consistent shock exposure of a local market as the exogenous … directly to the market's own shock exposure, and indirectly to other markets shocks exposures. We show how spatial linkages …-in-difference designs based on model-consistent measures of local shock exposure approximate well the differential effect of international …
Persistent link: https://www.econbiz.de/10012479498
Low-skill workers are comparatively immobile: when labor demand slumps in a city, low-skill workers are disproportionately likely to remain to face declining wages and employment. This paper estimates the extent to which (falling) housing prices and (rising) social transfers can account for this...
Persistent link: https://www.econbiz.de/10012461490
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
in states with stricter regulatory enforcement. Using the Paris Agreement as a shock to expected climate risk regulations …
Persistent link: https://www.econbiz.de/10013191088
Political debates around environmental regulation often center around the effect of policy on jobs. Opponents decry the "job-killing" EPA and proponents point to "green jobs" as a positive policy outcome. And beyond the political debates, Congress requires the EPA to evaluate "potential losses...
Persistent link: https://www.econbiz.de/10012480040