The effects of early school stratification on scholastic performance have been subject to controversial debates in educational policy and science. We exploit a unique variation in Lower Saxony, Germany, where performance based tracking was preponed from grade 7 to grade 5 in 2004. We measure the...

Whether early school stratification is conducive or detrimental to scholastic performance has been subject to controversial debates in educational policy and science across many countries. We exploit a unique exogenous variation in Lower Saxony, Germany, where performance based tracking was...

It is generally understood that allowance or credit trade under first-best policies that limit carbon dioxide (CO2) emissions reduces the overall cost of compliance. However, using the trading options available under EPA's Clean Power Plan (CPP) as an example, we demonstrate that the magnitude...

The effects of early school stratification on scholastic performance have been subject to controversial debates in educational policy and science. We exploit a unique variation in Lower Saxony, Germany, where performance based tracking was preponed from grade 7 to grade 5 in 2004. We measure the...

A Clean Energy Standard (CES) is a flexible, market-based policy instrument that could be adopted to reduce greenhouse gas emissions from the U.S. electricity system over time. This paper uses several well-known energy system and electricity models to analyze a CES that reflects broad principles...

Policy-makers typically track the rapidly evolving U.S. residential photovoltaic (PV) market by relying on price data reported by PV installers/integrators to incentive programs. Recent years have witnessed a shift toward third-party-owned (TPO) business models, in which the absence of a cash...