Environmental economics has traditionally fallen in the domain of microeconomics, but recently approaches from macroeconomics have been applied to studying environmental policy. We focus on two macroeconomic tools and their application to environmental economics. First, real business cycle...

Numerous studies have examined the enrollment responses of traditional undergraduate students to the introduction of government-provided tuition subsidies, but far less attention has been devoted to the elasticity of demand for graduate education. This paper examines how the tax code and...

We treat the direct reduction loan contract as an instance of financial innovation and describe its adoption within the building and loan (B&L) industry beginning in the 1880s and culminating in the 1930s. A long chain of complementary innovations at B&Ls gradually reduced the costs of adoption,...

This paper estimates the environmental impact of sporting events by analyzing a collection of small typically geographically isolated cities which host at least one NCAA football team that competes in the Division I Football Bowl Subdivision (FBS) in 2010. Fixed-effects regressions controlling...

Government policies that are not intended to address environmental concerns can nonetheless distort prices and affect firms' emissions. We present an analytical general equilibrium model to study the effect of distortionary subsidies on factor prices and on environmental outcomes. We model an...

The American "high school movement" of the early 20th century resulted in a dramatic rise in high school graduation rates, a trend that continued into the middle of the century interrupted only by World War II. Previous work has characterized the pre-World War II transformation of secondary...

We examine households' applications to and participation in the Supplemental Nutrition Assistance Program (SNAP) using administrative records from South Carolina covering the period from October 1996 until November 2007. We conduct multivariate analyses, modeling application resolutions with...

Conventional pencil and paper wisdom suggests that allowing multiple attempts on homework will lead to more time spent on homework, higher homework grades, and better exam performance. For a variety of reasons, homework is increasingly being auto-administered online. This paper discusses the...

By examining how student borrowers fare financially after graduation, we attempt to further the existing knowledge of the costs associated with education debt and the manageability of the typical debt burden. We compare the financial stability of individuals who have borrowed for education to...

We introduce the idea that easily inferable demographic characteristics such as gender may not be sufficient to define type in the supervisor-employee mentoring relationship. We use longitudinal data on athletic directors at NCAA Division I programs to identify through observed mobility the...