Increased investment in clean electricity generation or the introduction of a carbon tax will most likely lead to …-level data, we find that rising electricity prices lead to a negative impact on labor demand and investment in sectors most …

holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …