Policymakers and economists have considered a number of different policies to reduce carbon emissions, including a carbon tax, a cap-and-trade permit system, a subsidy for the purchase or use of low-carbon vehicle technology, a renewable fuel standard, and mandates on manufacturers to increase...

We build a simple analytical general equilibrium model and linearize it, to find a closed-from expression for the effect of a small change in carbon tax on leakage - the increase in emissions elsewhere. The model has two goods produced in two sectors or regions. Many identical consumers buy both...

We extend the model of Fullerton, Karney, and Baylis (2012 working paper) to explore cost-effectiveness of unilateral climate policy in the presence of leakage. We ignore the welfare gain from reducing greenhouse gas emissions and focus on the welfare cost of the emissions tax or permit scheme....

We use a rigorous three-stage many-analysts design to assess how different researcher decisions—specifically data cleaning, research design, and the interpretation of a policy question—affect the variation in estimated treatment effects. A total of 146 research teams each completed the same...

We use a rigorous three-stage many-analysts design to assess how different researcher decisions-specifically data cleaning, research design, and the interpretation of a policy question-affect the variation in estimated treatment effects. A total of 146 research teams each completed the same...

Aspirations have been shown to affect households' decisions around productive investments, but little work explores how aspirations are formed or eroded, especially in the face of ecological threats. While ecological threats may erode social and economic capital, there is no consensus on their...

Productivity varies greatly among farmers and the source of that variation is not fully understood. Using a unique Indian household survey, we estimate peer effects on agricultural revenue. Results show that 60% of farmers' revenue is explained by peers. Input expenditures and land allocation to...

This paper shows that participation in a community-level female empowerment program in India significantly increases participants' physical mobility, political participation, and access to employment. The program provides support groups, literacy camps, adult education classes, and vocational...

Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies – to reduce virgin materials extraction, to encourage green design, and to make better use of...

Building on the existing literature that examines the extent of redistribution in the Social Security system as a whole, this paper focuses more specifically on how Social Security affects the poor. This question is important because a Social Security program that reduces overall inequality by...