Stated preference (SP) researchers have encountered an increasing number of policy problems for which a willingness-to-accept (WTA) compensation question would seem to be the most reasonable approach…

This paper develops a stochastic dynamic programming model to investigate a type of dynamic enforcement strategy where the penalties for violations of environmental regulations are based on not only…

Employing hourly data records from 2013 and 2014 in Beijing, we investigate the causal effects of vehicle traffic on air pollution. An arguably exogenous variation in vehicle use that results from the…

We pair a county-level panel of annual industrial output with a fine-scale daily weather dataset to estimate the responses of industrial output to temperature changes in China. We have three primary…

We investigate the effect of remittances from migrated family members on informal inter-household transfers, an issue that has received limited attention in the literature. Using rich panel data from…

Understanding unethical behavior is essential to many phenomena in the real world. The vast majority of existing studies have relied on stated behavior in surveys and some on incentivized experiments…

This paper uses data from 2009 to 2014 to study the short- to medium-run effect of a driving restriction on transportation patterns in Beijing. The driving restriction specifies two numbers for each…

Outdated capacity and substantial potential for energy conservation are the two main features of energy-intensive sectors in developing countries. Such countries also seek to implement market-based…

Abstract: We analyze a typical principal-agent relationship in the context of international climate policy, in which the principals of two countries first decide whether to merge their domestic…

This paper contributes to a growing body of empirical literature relating credit constraints and incomplete insurance to investment decisions. We use panel data from rural Ethiopia to investigate…