In this paper we model U.S. labor supply and demand in considerable detail in order to capture the enormous heterogeneity of the labor force and its evolution over the next 25 years. We represent labor supplies for a large number of demographic groups as responses to prices of leisure and...

Contents -- List of Figures -- List of Tables -- Preface -- 1 Designing Energy and Environmental Policies -- 2 Structure of the Intertemporal General Equilibrium Model -- 3 Modeling Consumer Behavior -- 4 Modeling Producer Behavior -- 5 Government and the Rest of the World -- 6 Model Solution --...

Energy utilization, especially from fossil fuels, creates hidden costs in the form of pollution and environmental damages. The costs are well documented but are hidden in the sense that they occur outside the market, are not reflected in market prices, and are not taken into account by energy...