Intertemporal general-equilibrium models with Keynesian features such as imperfect competition and imperfectly flexible prices which give rise to a (at least) short-run non-neutrality of monetary policy have become the workhorse model for monetary macroeconomics. This thesis now makes four...

This research endeavor consisted of two distinct efforts. First, following a literature review of the characteristics, objectives, and incentive programs available to nonindustrial private forest (NIPF) landowners, the potential effects of wood chip mill harvests on forest management practices...

In this article we extend the recent literature on overlapping generations with a pollution sector by allowing generations to have a certain pollution perception with regards to the stock of pollution. Pollution perception, assumed to be part of the generations' preferences, can be either a...

Vaccines against several common foodborne pathogens are being developed and could substantially alter the policy tools available to address foodborne illness. However, little analysis is available to suggest how social welfare would be affected by these new vaccines. To address this void, we use...

Incluye bibliografía ; This article combines a discrete choice model of demand for residential local telephone access and an optimal price regulation model to estimate the welfare weights that state regulators place on consumers with different incomes and locations. I fi nd no evidence of a...

This report presents two series of studies performed before COP-6 and COP-6bis, in order to provide DG Environment with economic analysis of the issues at stake in international climate negotiations. These analysis used the background information provided by the large scale world energy partial...

Agriculture contributes significantly to the emissions of greenhouse gases in the EU. By using a farm-type, linear-programming based model of the European agricultural supply, we first assess the initial levels of methane and nitrous oxide emissions at the regional level in the EU. For a range...

Greenhouse gas (GHG) emissions are an externality of the pork production process. To respond to climate change concerns and reduce GHG emissions, internalizing this exter-nal effect using a market-based economic instrument would be economically efficient. We calculate the welfare effects of GHG...