-efficiency programs on electricity consumption and carbon dioxide emissions. The approach draws on a partial-adjustment econometric model … of electricity demand and represents the results of a reverse auction for electricity savings from different levels of … public investment. The model is calibrated to recent estimates of the cost-effectiveness of rate payer–funded efficiency …

Information failures may help explain the so-called “energy efficiency gap” in commercial buildings, which account for … energy use in their buildings and may have difficulty credibly communicating building energy performance to prospective … laws. The laws require commercial buildings to report their annual energy use to the government. We evaluate whether the …

We present a framework for understanding the effects of automation and other types of technological changes on labor … allocation of tasks to capital and labor - the task content of production. Automation, which enables capital to replace labor in … a result, automation always reduces the labor share in value added and may reduce labor demand even as it raises …