I investigate the determinants of the hazard rates of both starting and quitting the cigarette smoking habit. The model is an ordered probit split-sample duration model with lagged duration dependence and time-varying covariates (cigarette price and regulation). Duration of the smoking habit is...

Understanding international differences in the emissions intensity of trade and production is essential to understanding the effects of greenhouse gas limitation policies. We develop data on emissions from 48 industrial sectors in 32 countries and estimate the CO2 emissions intensity of...

We develop and test a model describing the influence of natural gas storage inventories on the electricity forward premium. The model is constructed by linking the effect of gas storage constraints on the higher moments of the distribution of electricity prices to an established model of the...

We discuss specification of regression models for using migration data to infer the living standards of different regions, and for observing how much of the standard of living is determined by economic opportunities versus non-pecuniary amenities. We estimate a regression using Canadian data...