US shale gas production is generally expected to continue its fast rise. However, a cautious evaluation is needed. Shale gas resource estimates are potentially overoptimistic and it is uncertain to which extent they can be produced economically. Moreover, the adverse environmental effects of...

US shale gas production is generally expected to continue its fast rise. However, a cautious evaluation is needed. Shale gas resource estimates are potentially overoptimistic and it is uncertain to which extent they can be produced economically. Moreover, the adverse environmental effects of...

We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences across U.S. states in the pass-through of oil price shocks to retail gasoline prices. These differences, which are primarily driven by variation in the cost of producing and...

This article exploits both the crude oil price surge consecutive to the invasion of Ukraine and 2022 fuel excise tax rebates in France as quasi-natural experiments to infer the price sensitivity of fuel demand. Based on granular individual bank account data at the transaction level, we properly...

Household preferences should influence adoption of environmental health-improving technologies, but there has been limited empirical research to isolate their importance, perhaps due to challenges of measurement and attribution. This paper explores heterogeneity in household preferences for...

Household air pollution from biomass cooking is the most significant environmental health risk in the Global South. Interventions to address this risk mostly promote less-polluting stoves and clean fuels, but their diffusion has proven difficult. This paper assesses the potentially complementary...

Household air pollution from biomass cooking is the most significant environmental health risk in the Global South. Interventions to address this risk mostly promote less-polluting stoves and clean fuels, but their diffusion proves difficult. This paper assesses the potentially complementary...

This study finds that a significant and hitherto ignored determinant of home energy demand is ambient particle pollution. I access longitudinal data for Singapore, a newly affluent Asian city nation and arguably a harbinger of what is to come in the urbanizing tropics. Singapore today combines...

Household air pollution from biomass cooking is the most significant environmentalhealth risk in the Global South. Interventions to address this risk mostly promoteless-polluting stoves and clean fuels, but their diffusion proves difficult. This paperassesses the potentially complementary role...

This paper discusses the way Value-at-Risk (VaR) measurement can be applied to oil refining, a fully liberalized industry which is largely exposed to price risk. After a description of the industry, the calculation of a single asset VaR, such for a crude oil purchase, it is introduced....