Increasing concerns about energy security and climate change mitigation have led to significant policy support for biofuels, particularly for cellulosic biofuels. This paper examines the short- and long-run effects of Renewable Fuel Standard (RFS) on the mix of biofuel feedstocks, food, fuel and...

This study is a part of a comprehensive study which attempts to create a baseline of global warming impact (expressed in total greenhouse gas emission and measured in terms of carbon equivalent) associated with the production and consumption of a gallon of orange juice available in the form of...

Using Form 990 data reported by public charities, we document significant bunching of nonprofits at near-zero net assets, the threshold for insolvency. Bunching occurs despite the fact that creditors cannot force insolvent nonprofits into involuntary bankruptcy. We show that the extent of...