This paper explores the menu of options for renormalizing public debt levels relative to nominal activity in the long run, should…
Carbon sequestration—the process of moderating global climate change by removing carbon dioxide from the atmosphere and storing it in long-…
Tips and Tells from Managers: How Analysts and the Market Read Between the Lines of Conference Calls
Stock prices react significantly to the tone (negativity of words) managers use on earnings conference calls. This reaction reflects…
The last ten years have seen the growth of linkages between many of the world's cap-and-trade systems for GHGs, both directly between…
Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious…
Climate change is real and dangerous. Exactly how bad it will get, however, is uncertain. Uncertainty is particularly relevant for…
Negotiations pursuant to the Durban Platform for Enhanced Action appear likely to lead to a 2015 Paris agreement that embodies a hybrid…
Energy-efficient technologies offer considerable promise for reducing the financial costs and environmental damages associated with energy…
Improving end-use energy efficiency—that is, the energy-efficiency of individuals, households, and firms as they consume energy—is often…