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Harvard Kennedy School faculty disseminate their research in working publications and papers that contribute to public knowledge and fuel policy innovation. This list features recent faculty publications, including journal articles, books, edited volumes, research papers, and public testimony.

Faculty Publications

Salles, Maurício B. C., Taina N. Gadotti, Michael J. Aziz, and William W. Hogan. "Potential revenue and breakeven of energy storage systems in PJM energy markets." Environmental Science and Pollution Research 28 (March 2021): 12357-12368.
Taylor, Charles A., Christopher Boulosb, and Douglas Almonda. "Livestock plants and COVID-19 transmission." Proceedings of the National Academy of Sciences Vol.117.50 (December 15, 2020): 31706-31715.
Marcus Peacock, Donald Bathurst, Linda Bilmes, Sheila Burke and Margaret Sherry. "Assessment of the National Park Service Museum Collections Storage Management. National Academy of Public Administration, December 2020." National Academy of Public Administration, December 2020.
Lee, Henry, and Abigail Mayer. "The Future of Carbon Offset Markets." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, October 22, 2020.
Taylor, Charles A. "Cicadian Rhythm: Insecticides, Infant Health and Long-term Outcomes." CEEP Working Paper Series, September 2020.
Aldy, Joseph, and Robert N. Stavins. "Rolling the Dice in the Corridors of Power: William Nordhaus’s Impacts on Climate Change Policy." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP20-022, July 2020.
Metcalf, Gilbert E., and James H. Stock. "The Macroeconomic Impact of Europe’s Carbon Taxes." National Bureau of Economic Research, July 2020.
Aldy, Joseph, and Richard Zeckhauser. "Three Prongs for Prudent Climate Policy." Southern Economic Journal 87.1 (July 2020): 3-29.
Bilmes, Linda J., and John B. Loomis. Valuing U.S. National Parks and Programs: America's Best Investment, 1st edition. Routledge, 2020.
Irwin, Scott H., Kristen McCormack, and James H. Stock. "The Price of Biodiesel RINs and Economic Fundamentals." American Journal of Agricultural Economics 102.3 (May 2020): 734-752.
Aldy, Joseph, and Sarah Armitage. "The Cost-Effectiveness Implications of Carbon Price Certainty." American Economic Association Papers and Proceedings 110 (May 2020): 113-118.
Aldy, Joseph, Matthew Kotchen, Mary Evans, Meredith Fowlie, Arik Levinson, and Karen Palmer. "Deep Flaws in a Mercury Regulatory Analysis." Science 368.6488 (April 2020): 247-248.
Aldy, Joseph, and Richard Zeckhauser. "Three Prongs for Prudent Climate Policy." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP20-009, April 2020.
Chen, Cuicui, and Henry Lee. "The Value of Carbon Capture, Utilization, and Sequestration." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, March 4, 2020.
Aldy, Joseph, Maximillian Auffhammer, Maureen Cropper, Arthur Fraas, and Richard Morgenstern. "Looking Back at Fifty Years of the Clean Air Act." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP20-003, February 2020.
Gerarden, Todd D., W. Spencer Reeder, and James H. Stock. "Federal Coal Program Reform, the Clean Power Plan, and the Interaction of Upstream and Downstream Climate Policies." American Economic Journal: Economic Policy 12.1 (February 2020): 167-199.
Aldy, Joseph. "Evaluating Regulatory Performance: Learning from and Institutionalizing Retrospective Analysis of EPA Regulations." Case Western Reserve Law Review 70.4 (2020): 971-1006.
Aldy, Joseph. "Carbon Tax Review and Updating: Institutionalizing an Act-Learn-Act Approach to U.S. Climate Policy." Review of Environmental Economics and Policy 14.1 (Winter 2020).
Montamat, Giselle, and James H. Stock. "Quasi-Experimental Estimates of the Transient Climate Response Using Observational Data." Climatic Change (2020): 1-11.
Stock, James H. "Climate Change, Climate Policy, and Economic Growth." NBER Macroeconomics Annual 34.1 (January 2020): 399-419.
Aldy, Joseph. "Carbon Tax Review and Updating: Institutionalizing an Act-Learn-Act Approach to U.S. Climate Policy." Review of Environmental Economics and Policy 14.1 (Winter 2020): 76-94.
Aldy, Joseph, Matthew Kotchen, Mary Evans, Meredith Fowlie, Arik Levinson, and Karen Palmer. "Report on the Proposed Changes to the Federal Mercury and Air Toxics Standards." External Environmental Economics Advisory Committee, December 2019.
Schmalensee, Richard, and Robert N. Stavins. "Policy Evolution Under the Clean Air Act." Journal of Economic Perspectives 33.4 (Fall 2019): 27-50.
Rajan, Thillai, and Akash Deep. "A cost-effective way to power generation." The Hindu. October 16, 2019.
Schneider, Lambert, Maosheng Duan, Robert Stavins, Kelley Kizzier, Derik Broekhoff, Frank Jotzo, Harald Winkler, Michael Lazarus, Andrew Howard, and Christina Hood. "Double Counting and the Paris Agreement Rulebook." Science 366.6462 (October 2019): 180-183.
De Blasio, Nicola, and Henry Lee. "Saudi Arabia’s Energy Infrastructure Under Attack. What’s Next?" National Interest, October 6, 2019.
Stavins, Robert N., ed. Economics of the Environment: Selected Readings Edward Elgar Publishing, 2019.
Hogan, William W., Chiara Lo Prete, Bingyuan Liu, and Jia Wang. "Cross-product Manipulation in Electricity Markets, Microstructure Models and Asymmetric Information." Energy Journal 40.5 (June 2019): 221-246.
Stavins, Robert N., and Richard Schmalensee. "Learning From 30 Years of Cap and Trade." Resources (May 2019).
Aldy, Joseph, and Gianfranco Gianfrate. "Future-Proof Your Climate Strategy." Harvard Business Review. May/June 2019, 91-101.
Qiao, Qinyu, and Henry Lee. "The Role of Electric Vehicles in Decarbonizing China’s Transportation Sector." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, April 2019.
Lee, Henry. "Saving Natural Gas through Regulation." National Interest, March 31, 2019.
Aldy, Joseph. "A Few Keys to Saving the Planet Cost-Effectively." The Environmental Forum. March/April 2019.
Stavins, Robert N., M.A. Mehling, and G.E. Metcalf. "Linking Heterogeneous Climate Policies (Consistent with the Paris Agreement)." Environmental Law 8.4 (2019): 647-698.
Hogan, William W. "Market Design Practices: Which Ones Are Best? [In My View]." IEEE Power and Energy 17.1 (January/February 2019).
Irwin, Scott H., Kristen McCormack, and James H. Stock. "The Price of Biodiesel RINs and Economic Fundamentals." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series, December 2018.
Downs, Erica, James Henderson, Mikkal E. Herberg, Shoichi Itoh, Meghan O'Sullivan, Morena Skalamera, and Can Soylu. "The Emerging Russia-Asia Energy Nexus." The National Bureau of Asian Research, December 2018.
Schmalensee, Richard, and Robert N. Stavins. "Policy Evolution under the Clean Air Act." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP18-039, November 2018.
Schatzki, Todd, and Robert N. Stavins. "GHG Cap-and-Trade: Implications for Effective and Efficient Climate Policy in Oregon." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP18-038, November 2018.
Ramelli, Stefano, Alexander F. Wagner, Richard J. Zeckhauser, and Alexandre Ziegler. "Stock Price Rewards to Climate Saints and Sinners: Evidence from the Trump Election." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP18-037, September 2018.
Aldy, Joseph, Todd Gerarden, and Richard Sweeney. "Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP18-012, March 2018.
Hogan, William W. "A Primer on Transmission Benefits and Cost Allocation." Economics of Energy & Environmental Policy 7.1 (March 2018).
Chen, Cuicui, and Richard Zeckhauser. "Collective Action in an Asymmetric World." Journal of Public Economics 158 (February 2018): 103-112.
Jorgenson, Dale W., Richard J. Goettle, Mun S. Ho, and Peter J. Wilcoxen. "The Welfare Consequences of Taxing Carbon." Climate Change Economy 9 (February 2018).
Hogan, William W. "An Efficient Western Energy Imbalance Market with Conflicting Carbon Policies." The Electricity Journal 30.10 (December 2017): 8-15.
Gerarden, Todd D., Richard G. Newell, and Robert N. Stavins. "Assessing the Energy-Efficiency Gap." Journal of Economic Literature 55.4 (December 2017): 1486-1525.
Houde, Sebastien, and Joseph E. Aldy. "The Efficiency Consequences of Heterogeneous Behavioral Responses to Energy Fiscal Policies." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP17-047, December 2017.
Schmalensee, Richard, and Robert N. Stavins. "The Design of Environmental Markets: What Have We Learned from Experience with Cap and Trade?" Oxford Review of Economic Policy 33.4 (November 2017): 572-588.
Aldy, Joseph, and Sebastien Houde. "Consumers’ Response to State Energy Efficient Appliance Rebate Programs." American Economic Journal: Economic Policy 9.4 (November 2017): 227-225.
Mehling, Michael A.; Metcalf, Gilbert E.; and Stavins, Robert N. "Linking Heterogeneous Climate Policies (Consistent with the Paris Agreement)." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP17-042, September 2017.