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The Value of a Statistical Life is a key input into the calculation of the benefits of environmental policies that save lives. To date, the VSL used in environmental policy analyses has not been adjusted for age or the cause of death. Air pollution regulations, however, are linked to reductions...
Persistent link: https://www.econbiz.de/10008747732
Using police accident reports for Tippecanoe County, Indiana, and exploiting the introduction of the augmented reality game Pokémon GO as a natural experiment, we document a disproportionate increase in crashes and associated vehicular damage, injuries, and fatalities in the vicinity of...
Persistent link: https://www.econbiz.de/10014118203
We consider the effect of legal access to alcohol, which is known to increase drinking behavior, on academic performance. We first estimate the effect using an RD design but argue that this approach is not well-suited to the research question in our setting. Our preferred approach instead...
Persistent link: https://www.econbiz.de/10009232557
Due to Federal regulations, automobile air bag availability was a model-specific discontinuous function of model year for used vehicles in the 1990s and early 2000s. We use these discontinuities and the gradual increase in the supply of air bags to trace out the demand curve for air bags and the...
Persistent link: https://www.econbiz.de/10009665626
Persistent link: https://www.econbiz.de/10010391752
Firms may underinvest in local environmental protection even from the private viewpoint of its owners and employees, but works councils may help mitigate this problem. We show that increases in environmental investments when councils are present could be employee-led, firm-led, or jointly-led....
Persistent link: https://www.econbiz.de/10001708670
Most industrialized countries have increased access to abortion over the past 30 years. Economic theory predicts that abortion laws affect sexual behavior since they change the marginal cost of having risky sex. We use gonorrhea incidence as a metric of risky sexual behavior. Using a panel of 41...
Persistent link: https://www.econbiz.de/10014206276
This paper offers comments on a paper recently posted on the Social Science Research Network, “Do Housing Prices Reflect Environmental Health Risks? Evidence from More than 1600 Toxic Plant Openings and Closings.” Basically, the paper purported to measure the impacts on property values and...
Persistent link: https://www.econbiz.de/10014157492
We conduct a large-scale global study of ESG-linked pay for major firms that make up 85% of the market capitalization across 59 countries. We find that the pay adoption is higher for firms in extractive and utility industries, in countries that value individualism and femininity, have stronger...
Persistent link: https://www.econbiz.de/10014355440
In the present paper an empirical analysis with a panel data econometric model will point out that R&D, government spending on education as well as trade unions are the most important factors for the labor productivity determination. The sample examined covers many Western European countries....
Persistent link: https://www.econbiz.de/10013112544