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In the absence of a national carbon tax, household driving and electricity consumption impose social costs. Suburbanites drive more and consume more electricity than center city residents. If more suburbanites purchase electric vehicles (EV) and install solar panels, then their greenhouse gas...
Persistent link: https://www.econbiz.de/10013039856
Federal and state policies in the U.S. subsidize electricity generation from 1.4 million rooftop solar arrays because of pollution avoidance benefits and grid congestion relief. Yet because these benefits vary across the U.S. according to solar irradiance, technologies of electricity generators,...
Persistent link: https://www.econbiz.de/10012908163
We offer new evidence on indigenous innovation and intellectual returnees by estimating the relationship between patenting by Chinese photovoltaic firms and the presence of corporate leaders with international experience. Our research approach combines data from three sources: the industrial...
Persistent link: https://www.econbiz.de/10013062551
We study the effect of the diffusion of photovoltaic (PV) systems on the fraction of votes obtained by the German Green Party in federal elections. Using both regional and household survey data, we show that households that adopted PV systems became more supportive of the Green Party. We...
Persistent link: https://www.econbiz.de/10013063510
The solar industry in the US typically uses a credit score such as the FICO score as an indicator of consumer utility payment performance and credit worthiness to approve customers for new solar installations. Using data on over 800,000 utility payment performance and over 5,000 demographic...
Persistent link: https://www.econbiz.de/10012862419
Renewable energy and battery storage are seen as complementary technologies that can together facilitate reductions in carbon emissions. We develop and estimate a dynamic competitive equilibrium model of storage investment and operations to evaluate the adoption trajectory of utility-scale...
Persistent link: https://www.econbiz.de/10014261871
Most contributions to optimal tax theory have assumed that all prices, including that of leisure, are known with certainty. The purpose of this paper is to analyze optimal taxation when workers have imperfect information about their wages at the time they choose their labor supplies. Both...
Persistent link: https://www.econbiz.de/10014156764
We review the literature on uncertainty shocks and business cycle research. First, we motivate the study of uncertainty shocks by documenting the presence of time-variation in the volatility of macroeconomic time series. Second, we enumerate the mechanisms that researchers have postulated to...
Persistent link: https://www.econbiz.de/10014101580
This paper examines the risk aspects of an investment-based defined contribution Social Security plan. We focus on the … risk after the plan is fully phased in. Individuals deposit a fraction of wages to a Personal Retirement Account (PRA … cushion' that protects the individual from the risk of an unacceptably low level of benefits. For example, PRA deposits of 6 …
Persistent link: https://www.econbiz.de/10014138416
response to earnings risk based on Euler equation estimates. To address endogeneity problems, we use Norwegian administrative …
Persistent link: https://www.econbiz.de/10012962717