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Working Papers

Working Papers are listed by year and numbered sequentially. You can view an abstract for any paper by clicking on the Abstract link. You can also download an electronic copy of the full paper by clicking on the PDF link.

2014 |2013 |2012 |2011 |2010

2014

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WP-2014-001 Risk Sharing in CO2 Delivery Contracts for the CCS-EOR Value Chain
Anna Agarwal, January 2014
| Full Paper
[PDF]

2013

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WP-2013-016 Investment Model for Renewable Electricity Systems (IMRES): an Electricity Generation Capacity Expansion Formulation with Unit Commitment Constraints
Fernando J. de Sisternes, November 2013
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WP-2013-015 Melting-pots and Salad Bowls: The Current Debate on Electricity Market Design for RES Integration
Jean-Michel Glachant and Arthur Henriot, November 2013
| Full Paper
[PDF]
WP-2013-014 Truth-telling by Third-party Auditors and the Response of Polluting Firms: Experimental Evidence from India
Esther Duflo, Michael Greenstone, Rohini Pande, and Nicholas Ryan, May 2013
| Full Paper
[PDF]
WP-2013-013 Mapping and Measuring the Channels of Oil Price Exposure in the Economy and the Role of Oil Derivatives in Reshaping Them
John E. Parsons, October 2013
| Full Paper
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WP-2013-012 The Performance of U.S. Wind and Solar Generating Plants
Richard Schmalensee, September 2013
| Full Paper
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WP-2013-011 The Welfare Impact of Indirect Pigouvian Taxation: Evidence from Transportation
Christopher R. Knittel and Ryan Sandler, February 2013
| Full Paper
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WP-2013-010 The Origin of US Transportation Policy: Was There Ever Support for Gasoline Taxes?
Christopher R. Knittel, January 2013
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WP-2013-009 Did “Cash for Clunkers” Deliver? The Effects of the Car Allowance Rebate System
Meghan R. Busse, Christopher R. Knittel, Jorge Silva-Risso, and Florian Zettelmeyer, November 2012
| Full Paper
[PDF]
WP-2013-008 Who is Exposed to Gas Prices? How Gasoline Prices Affect Automobile Manufacturers and Dealerships
Meghan R. Busse, Christopher R. Knittel, and Florian Zettelmeyer, November 2012
| Full Paper
[PDF]
WP-2013-007 Climate Change Policy: What do the Models Tell Us?
Robert S. Pindyck, July 2013
| Full Paper
[PDF]
WP-2013-006 The Simple Economics of Commodity Price Speculation
Christopher R. Knittel and Robert S. Pindyck, April 2013
| Full Paper
[PDF]
WP-2013-005 The Cost of Abating CO2 Emissions by Renewable Energy Incentives in Germany
Claudio Marcantonini and A. Denny Ellerman, February 2013
| Full Paper
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WP-2013-004 Market-Based Emissions Regulation and Industry Dynamics
Meredith Fowlie, Mar Reguant and Stephen P. Ryan, January 2013
| Full Paper
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WP-2013-003 Adapting to Climate Change: The Remarkable Decline in the U.S. Temperature-Mortality Relationship over the 20th Century
Alan Barreca, Karen Clay, Olivier Deschênes, Michael Greenstone and Joseph Shapiro, January 2013
| Full Paper
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WP-2013-002 Hit or Miss: Regulating Derivative Markets to Reduce Hedging Costs at Non-Financial Companies
John E. Parsons, January 2013
| Full Paper
[PDF]
WP-2013-001 Do Housing Prices Reflect Environmental Health Risks? Evidence from More than 1600 Toxic Plant Openings and Closings
Janet Currie, Lucas Davis, Michael Greenstone and Reed Walker, January 2013
| Full Paper
[PDF]

2012

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WP-2012-013 The Effects of Environmental Regulation on the Competitiveness of U.S. Manufacturing
Michael Greenstone, John A. List and Chad Syverson, September 2012
| Full Paper
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WP-2012-012 The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment
Richard Schmalensee and Robert N. Stavins, August 2012
| Full Paper
[PDF]
WP-2012-011 Using Vehicle Taxes to Reduce Carbon Dioxide Emissions Rates of New Passenger Vehicles: Evidence from France, Germany, and Sweden
Thomas Klier and Joshua Linn, August 2012
| Full Paper
[PDF]
WP-2012-010 Risk and Return in Environmental Economics
Robert S. Pindyck, July 2012
| Full Paper
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WP-2012-009 The Climate Policy Dilemma
Robert S. Pindyck, July 2012
| Full Paper
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WP-2012-008 Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves
Rema Hanna, Esther Duflo and Michael Greenstone, July 2012
| Full Paper
[PDF]
WP-2012-007 Defensive Investments and the Demand for Air Quality: Evidence from the
NOx Budget Program and Ozone Reductions

Olivier Deschênes, Michael Greenstone and Joseph S. Shapiro, July 2012
| Full Paper
[PDF]
WP-2012-006 Ethanol Production and Gasoline Prices: A Spurious Correlation
Christopher R. Knittel and Aaron Smith, July 2012
| Full Paper
[PDF]
WP-2012-005 Margins, Liquidity and the Cost of Hedging
Antonio S. Mello and John E. Parsons, May 2012
| Full Paper
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WP-2012-004 Local and Seasonal Effects in the U.S. of Global Climate Change
Richard S. Eckaus, May 2012
| Full Paper
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WP-2012-003 CO2 Abatement from Renewable Energy Injections in the German Electricity Sector: Does a CO2 Price Help?
Hannes Weigt, Erik Delarue and Denny Ellerman, April 2012
| Full Paper
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WP-2012-002 Paying Too Much for Energy? The True Costs of Our Energy Choices
Michael Greenstone and Adam Looney, February 2012
| Full Paper
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WP-2012-001 The Future of Nuclear Power After Fukushima
Paul L. Joskow and John E. Parsons, February 2012
| Full Paper
[PDF]

2011

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WP-2011-021 Creating a Smarter U.S. Electricity Grid
Paul L. Joskow, October 2011
Full Paper
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WP-2011-020 Reducing Petroleum Consumption from Transportation
Christopher R. Knittel, December 2011
| Full Paper
[PDF]
WP-2011-019 Improving Regulatory Performance: Lessons from the United Kingdom
Michael Greenstone, November 2011
Full Paper
[PDF]
WP-2011-018 An Approximate Dynamic Programming Framework for Modeling Global Climate Policy under Decision-Dependent Uncertainty
Mort Webster, Nidhi Santen and Panos Parpas, September 2011
| Full Paper
[PDF]
WP-2011-017 Fuel Prices and New Vehicle Fuel Economy in Europe
Thomas Klier and Joshua Linn, August 2011
| Full Paper
[PDF]
WP-2011-016 Some Inconvenient Truths About Climate Change Policy: The Distributional Impacts of Transportation Policies
Stephen P. Holland, Jonathan E. Hughes Christopher R. Knittel, Nathan C. Parker, August 2011
| Full Paper
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WP-2011-015 Cleaning the Bathwater with the Baby: The Health Co-Benefits of Carbon Pricing in Transportation
Christopher R. Knittel and Ryan Sandle, August 2011
| Full Paper
[PDF]
WP-2011-014 Environmental Regulations, Air and Water Pollution, and Infant Mortality in India
Michael Greenstone and Rema Hanna, July 2011
| Full Paper
[PDF]
WP-2011-013 Caution, Drivers! Children Present: Traffic, Pollution, and Infant Health
Christopher R. Knittel, Douglas L. Miller, and Nicholas J. Sanders, July 2011
| Full Paper
[PDF]
WP-2011-012 Russia’s Natural Gas Export Potential up to 2050
Sergey Paltsev, July 2011
| Full Paper
[PDF]
WP-2011-011 Regulatory Design for RES-E Support Mechanisms: Learning Curves, Market Structure, and Burden-Sharing
C. Batlle, I. J. Pérez-Arriaga and P. Zambrano-Barragán, May 2011
| Full Paper
[PDF]
WP-2011-010 The Importance of Research and Development (R&D) for U.S. Competitiveness and a Clean Energy Future
Michael Greenstone, June 2011
Full Paper
[PDF]
WP-2011-009 Liability and Financial Responsibility for Oil Spills under the Oil Pollution Act of 1990 and Related Statutes
Michael Greenstone, June 2011
Full Paper
[PDF]
WP-2011-008 Evaluating Policies to Increase the Generation of Electricity from Renewable Energy
Richard Schmalensee, May 2011
| Full Paper
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WP-2011-007 The Dynamic Effects of Hurricanes in the US: The Role of Non-Disaster Transfer Payments
Tatyana Deryugina, May 2011
| Full Paper
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WP-2011-006 Estimating the Social Cost of Carbon for Use in U.S. Federal Rulemakings: A Summary and Interpretation
Michael Greenstone, Elizabeth Kopits and Ann Wolverton, May 2011
| Full Paper
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WP-2011-005 Effects of the Uncertainty about Global Economic Recovery on Energy Transition and CO2 Price
Olivier Durand-Lasserve, Axel Pierru and Yves Smeers, March 2011
| Full Paper
[PDF]
WP-2011-004 Superfund Cleanups and Infant Health
Janet Currie, Michael Greenstone and Enrico Moretti, February 2011
| Full Paper [PDF]
WP-2011-003 Subglobal Climate Agreements and Energy-Intensive Activities: Is there a Carbon Haven for Copper?
Bruno Lanz, Thomas F. Rutherford and John E. Tilton, February 2011
| Full Paper [PDF]
WP-2011-002 Stocks & Shocks: A Clarification in the Debate Over Price vs. Quantity Controls for Greenhouse Gases
John E. Parsons and Luca Taschini, March 2011
| Full Paper [PDF]
WP-2011-001 Review of Support Schemes for Renewable Energy Sources in South America
C. Batlle and L.A. Barroso, February 2011
| Full Paper [PDF]

2010

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WP-2010-017 The Weak Tie Between Natural Gas and Oil Prices
David J. Ramberg and John E. Parsons, November 2010
| Full Paper [PDF]
WP-2010-016 Capacity Factor Risk At Nuclear Power Plants
Yangbo Du and John E. Parsons, November 2010
| Full Paper [PDF]
WP-2010-015 Financing a National Transmission Grid: What Are the Issues?
Gilbert E. Metcalf, October 2010
| Full Paper [PDF]
WP-2010-014 Gas Balancing Rules Must Take into account the Trade-off between Offering Pipeline Transport and Pipeline Flexibility in Liberalized Gas Markets
Nico Keyaerts, Michelle Hallack, Jean-Michel Glachant and William D’haeseleer, September 2010
| Full Paper [PDF]
WP-2010-013 Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies
Paul L. Joskow, September 2010
| Full Paper [PDF]
WP-2010-012 Fat Tails, Thin Tails, and Climate Change Policy
Robert S. Pindyck, September 2010
| Full Paper [PDF]
WP-2010-011 Towards an Emissions Trading Scheme for Air Pollutants in India
Esther Duflo, Michael Greenstone, Rohini Pande and Nicholas Ryan, August 2010
| Full Paper [PDF]
WP-2010-010 On The Portents of Peak Oil (And Other Indicators of Resource Scarcity)
James L. Smith, August 2010
| Full Paper [PDF]
WP-2010-009 Modelling the Effects of Nuclear Fuel Reservoir Operation in a Competitive Electricity Market
Maria Lykidi, Jean-Michel Glachant and Pascal Gourdel, July 2010
| Full Paper [PDF]
WP-2010-008 Electricity Network Tariff Architectures: A Comparison of Four OECD Countries
Vivek Sakhrani and John E. Parsons, July 2010
| Full Paper [PDF]
WP-2010-007 Risk and Responsibility Sharing in Nuclear Spent Fuel Management
Guillaume De Roo, June 2010
| Full Paper [PDF]
WP-2010-006 Taxation and the Extraction of Exhaustible Resources: Evidence From California Oil Production
Nirupama S. Rao, April 2010
| Full Paper [PDF]
WP-2010-005 Uncertainty and Energy Saving Investments
Matti Liski and Pauli Murto, March 2010
| Full Paper [PDF]
WP-2010-004 Speculation without Oil Stockpiling as a Signature: A Dynamic Perspective
Axel Pierru and Denis Babusiaux, April 2010
| Full Paper [PDF]
WP-2010-003 Gasoline Prices, Fuel Economy, and the Energy Paradox
Hunt Allcott and Nathan Wozny, March 2010
| Full Paper [PDF]
WP-2010-002 Why and How the European Union Can Get a (Near To) Carbon-Free Energy System in 2050?
Christopher Jones and Jean-Michel Glachant, March 2010
| Full Paper [PDF]
WP-2010-001 Modeling the Impact of Warming in Climate Change Economics
Robert S. Pindyck, January 2010
| Full Paper [PDF]