Economists recommend Pigouvian taxes as the most efficient way to fight climate change. Yet, carbon taxes are difficult to implement politically. To understand why, we study Washington State's two failed carbon tax referendums from 2016 and 2018—the first such votes in the United States. We...

This study investigates the least-cost decarbonization pathways in the Finnish electricity generation industry in order to achieve the national carbon neutrality goal by 2035. Various abatement measures, such as downscaling production, capital investment, increasing labor and intermediate inputs...

This study examines the determinants of educational outcome in eight selected MENA countries. The complicated structure of the TIMSS data has been considered carefully during all the stages of the analysis employing plausible values and jackknife standard error technique to accommodate the...

Over a five-year period in the 1990s Vietnam experienced annual economic growth of more than 8% and a decrease of 15 points in the proportion of children chronically malnourished (stunted). We estimate the extent to which changes in the distribution of child nutritional status can be explained...

Microcredit has expanded rapidly in recent years but its effect at the household level is still controversial and there is little empirical evidence on its externalities to the non-borrowers. This paper estimates the effect of participation in microcredit programs on expenditure and savings both...

Microcredit has expanded rapidly in recent years but its effect at the household level is still controversial. This paper uses a unique dataset collected from 69 villages in Bangladesh during the period 2006-2007 to estimates the effect of participation in microcredit programs on household...

Most countries show a residency discount in rents for sitting tenants. In the wake of strong rent increases and housing shortages, Germany implemented a reform in 2001 to curtail rent increases. Based on linked housing-tenant data for Germany, this paper estimates panel OLS and quantile...

This paper proposes new ℓ1-penalized quantile regression estimators for panel data, which explicitly allows for individual heterogeneity associated with covariates. We conduct Monte Carlo simulations to assess the small sample performance of the new estimators and provide comparisons of new...

Two alternative hypotheses - referred to as opportunity- and stigma-based behavior - suggest that the relationship between unemployment and crime also depends on preexisting local crime levels. In order to analyze conjectured nonlinearities between both variables, we are using quantile...