We study the classic divide-and-choose method for equitably allocating divisible goods between two players who are rational, self-…
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The Inflation Reduction Act could deliver more than $1 trillion in tax expenditures and outlays targeting clean energy deployment, but…
This paper introduces the concept of “climate matching” as a driver of migration and establishes several new results. First, we show that…
Economists have for decades recommended that carbon dioxide and other greenhouse gases be taxed—or otherwise priced—to provide incentives…
As governments, firms, and universities advance ambitious greenhouse gas emission goals, the demand for emission offsets – projects that…
The Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Inflation Reduction Act authorized and appropriated…
Experiences in real-world pollution markets suggest that firms make persistent errors in forecasting allowance and credit prices that…
Job choice by high-skilled foreign-born workers in the US correlates strongly with country of origin. We apply a Fréchet-Roy model of…
We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period 2000 to 2019. The shock…
Between 2001 and 2050, the total costs of caring for veterans of the post-9/11 wars are estimated to reach between $2.2 and $2.5 trillion.…