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…
There have been important methodological changes in the Consumer Price Index (CPI) over time. These distort comparisons of inflation from…
We study how the recent run-up in housing and rental prices affects the outlook for inflation in the USA. Housing held down the overall…
Debt in emerging markets and developing economies is at its highest level in half a century. In about 9 in 10 emerging markets and…
The Federal Reserve seeks to cool an overheated US labor market to ease wage hikes and reduce job vacancies, without a painful spike in…
Although the South Korean economy fared relatively well on the whole during the pandemic, the labor market consequences were uneven, with…
Critics have opposed clean energy public investment by claiming that governments must not pick winners, green subsidies enable rent-seeking…
/publications/computation-convex-hull-prices-electricity-markets-non-convexities-using-dantzig-wolfe
The presence of non-convexities in electricity markets has been an active research area for about two decades. The — inevitable under…