Economic analyses of development projects and policies often involve assigning an economic value to changes in the risk of loss of human life. A typical term used in the economic analyses is the value of statistical life, which reflects the aggregation of individuals' willingness to pay for...

In many cases, the relationship between environmental pollution and economic development can be generally depicted by an inverted U-shaped curve, or an environmental Kuznets curve, where pollution increases with income at the beginning and decreases after a certain level of income. However, what...

This paper examines the overall long-term effects of the Two Control Zones policy, implemented by the Chinese government to reduce air pollution, on children's human capital development. Estimates show that exposure to this policy, during the year of birth, is associated, 15 years later, with an...