We empirically examine how fine particulate matter (PM2.5) pollution affects labor supply in Japan. The effects of PM2.5 pollution could be mixed. While adverse health effects of PM2.5 pollution can lead to reduced labor supply, workers can rather increase labor supply if their productivity...

This study attempts a numerical simulation of potential CCS (carbon dioxide capture and storage) use by using a modified version of the DICE (Dynamic Integrated model on Climate and Economy) model (Nordhaus, 1994; Nordhaus and Boyer, 2000). In DICE, CO2 emissions are controlled to the extent in...

Carbon dioxide capture and storage (CCS) is considered to be an important option for reducing carbon dioxide (CO2) emissions. However, there are still concerns about its economic viability, especially if the risk of leakage in the storage site is taken into account. We use a real options...