This study evaluates a novel scheme to trade sulfur dioxide emission permits subject to non-uniform rates. These rates are based on generators' marginal costs of compliance with environmental policy in a hypothesized least social-cost solution. This scheme is compared against the existing...

The paper re-estimates the Gini inequality index for the United States using the Current Population Survey between 1979 and 2014 and two alternative correction methods for top income biases. Top incomes in household surveys are affected by a variety of biases related to survey design, income...

Causes and consequences of policy reform in utility industries continue to draw debate in US state legislatures. State commissions approve various deregulatory mechanisms in different industries at different times. In the telecommunications market state commissions adopted retail restructuring...