Cap-and-trade has been promoted by economists due to its cost-effectiveness. However, cap-and-trade could also introduce the risk of environmental inequality by creating pollution concentrations in areas where emitting facilities purchase many allowances. To investigate this concern, I collect...

Air pollution is a global public health threat, responsible for more deaths annually than conventional lifestyle risk factors. While the link between particulate pollution and cardiovascular disease is well-established, evidence for gaseous pollutants remains limited. This study estimates the...