isolating mechanisms that impact the elasticity of substitution between clean and dirty energy. Central results show that (i …) dirty inputs are not essential for production. As long as some energy storage is available, the elasticity of substitution …

transition from an economy characterized by a low elasticity of substitution to one characterized by a high elasticity. In doing …

A key parameter in the analysis of wage inequality is the elasticity of substitution between skilled and unskilled …

There is now increasing evidence that for the U.S. economy, the elasticity of substitution between capital and labor … higher elasticity of substitution between capital and labor. Improved possibilities for factor substitution mitigate the … the timing of innovations is important: two economies with the same steady-state elasticity of substitution between …

The elasticity of substitution between clean and dirty energy and the direction of technological change are central … studies that empirically estimate these key parameters. In this paper, I estimate the elasticity of substitution between clean … within the energy aggregate. I find estimates of the elasticity of substitution ranging between 2 and 3. The largely dirty …

A key parameter in the analysis of wage inequality is the elasticity of substitution between skilled and unskilled …