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Journal Article
Dollars in the dirt : the economic value of living trees

Econ Focus , Volume 8 , Issue Win , Pages 24-26

Conference Paper
Environmental protection: a new trade issue


Journal Article
Pollution pricing

FRBSF Economic Letter

Journal Article
Industrial ecology: environmental and economic boon

A movement that began almost accidentally 35 years ago in Denmark is showing that when factories use the waste of other nearby factories as their raw material, advantages to the environment and the local economy abound.
Communities and Banking , Issue Fall , Pages 3-5

Endogenous policy choice: the case of pollution and growth

What determines the relationship between pollution and growth? Are the forces that explain the behavior over time of these quantities potentially useful to understand more generally the relationship between policies and growth? In this paper, we make a first attempt to analyze the equilibrium behavior of two quantities?the level of pollution and the level of income?in a setting in which societies choose, via voting, how much to regulate pollution. Our major finding is that, consistent with the evidence, the relationship between pollution and growth need not be monotone and that the precise ...
Staff Report , Paper 276

Journal Article
Global warming policy: some economic implications

Many analysts believe that the emissions of greenhouse gases resulting from human activity are contributing to global warming, but the linkage is highly uncertain. The largest such source of these gases is carbon dioxide (CO2) from the growing consumption of fossil fuels. Consequently, the conservation of fossil fuels figures prominently in any strategy to reduce the threat of global warming. Because there is considerable uncertainty about the benefits of reducing CO2 emissions but the costs of conservation can be readily quantified, some analysts have suggested that reducing the emissions ...
Economic and Financial Policy Review , Issue Q IV , Pages 26-35

Journal Article
Observations: fill 'er up

Using vegetable oil to reduce the environmental problems from diesel fuel.
Regional Review , Issue Q 1 , Pages 1

Journal Article
Asphalt antidote : \\"living\\" roofs absorb runoff

Econ Focus , Volume 8 , Issue Sum , Pages 11

Working Paper
Optimal Fiscal Policy under Capital Overaccumulation

In a canonical model of heterogeneous agents with precautionary saving motives, Aiyagari (1995) breaks the classical result of zero capital tax obtained in representative-agent models. Aiyagari argues that with capital overaccumulation the optimal long-run capital tax should be strictly positive in order to achieve aggregate allocative efficiency suggested by the modified golden rule (MGR). In this paper, we find that, depending on the sources of capital overaccumulation, capital taxation may not be the most efficient means to restore the MGR when government debt is feasible. To demonstrate ...
Working Papers , Paper 2020-002

Working Paper
Race and Environmental Worries

Working Paper , Paper 21-15


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