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Browsing Working Papers by Title

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  • Pindyck, Robert S. (MIT Center for Energy and Environmental Policy Research, 2010-09)
    Climate policy is complicated by the considerable compounded uncertainties over the costs and benefits of abatement. We don’t even know the probability distributions for future temperatures and impacts, making cost-benefit ...
  • Metcalf, Gilbert E. (MIT Center for Energy and Environmental Policy Research, 2010-10)
    The United States requires a substantial investment in transmission capacity over the next several decades. This investment is needed to ensure system reliability, to accommodate growth in demand for electricity, and to ...
  • Zachmann, Georg; Hirschhausen, Christian von (MIT Center for Energy and Environmental Policy Research, 2007)
    This paper applies the literature on asymmetric price transmission to the emerging commodity market for EU emissions allowances (EUA). We utilize an error correction model and an autoregressive distributed lag model to ...
  • Adelman, Morris Albert (MIT Center for Energy and Environmental Policy Research, 1990)
    The 1970 price of Saudi Light crude was $1.21, of which 89 cents was excise tax. By end-1974, the price was about $11, of which 30-50 cents was a fee paid to the former owners, now operators. The detailed history of the ...
  • Liski, Matti; Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2004)
    We consider an infinitely-repeated oligopoly in which at each period firms not only serve the spot market by either competing in prices or quantities but also have the opportunity to trade forward contracts. Contrary to ...
  • Liski, Matti; Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2005)
    We consider an infinitely-repeated oligopoly in which at each period firms not only serve the spot market by either competing in prices or quantities but also have the opportunity to trade forward contracts. Contrary to ...
  • Liski, Matti; Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2008)
    We analyze oligopolistic exhaustible-resource depletion when firms can trade forward contracts on deliveries, a market structure prevalent in many resource commodity markets. We find that this organization of trade has ...
  • Goolsbee, Austan Dean (MIT Center for Energy and Environmental Policy Research, 1993)
    This paper explores the effect that energy prices and market conditions have on the retirement rates of capital goods using new micro data on aircraft lifetimes and fuel costs. The oil shocks of the 1970s made fuel intensive ...
  • Klier, Thomas; Linn, Joshua (MIT Center for Energy and Environmental Policy Research, 2011-08)
    This paper evaluates the effect of fuel prices on new vehicle fuel economy in the eight largest European markets. The analysis spans the years 2002–2007 and uses detailed vehicle registration and specification data to ...
  • Joskow, Paul L.; Parsons, John E. (MIT CEEPR, 2012-02)
    This paper analyzes the impact of the Fukushima accident on the future of nuclear power around the world. We begin with a discussion of the ‘but for’ baseline and the much discussed ‘nuclear renaissance.’ Our pre-Fukushima ...
  • Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 2006)
    This paper examines the economic and regulatory challenges that must be faced by potential investors in new nuclear power plants in the United States. The historical development of the existing fleet of over 100 nuclear ...
  • Keyaerts, Nico; Hallack, Michelle; Glachant, Jean-Michel; D’haeseleer, William (MIT Center for Energy and Environmental Policy Research, 2010-09)
    This paper analyses the value and cost of line-pack flexibility in liberalized gas markets through the examination of the techno-economic characteristics of gas transport pipelines and the trade-offs between the different ...
  • Wozny, Nathan; Allcott, Hunt (MIT Center for Energy and Environmental Research Policy, 2010-03)
    It is often asserted that consumers purchasing automobiles or other goods and services underweight the costs of gasoline or other "add-ons." We test this hypothesis in the US automobile market by examining the effects of ...
  • Muehlegger, Erich J. (MIT Center for Energy and Environmental Policy Research, 2004)
    Since 1999, gasoline prices in California, Illinois and Wisconsin have spiked occasionally well above gasoline prices in nearby states. In May and June 2000, for example, gasoline prices in Chicago rose twenty eight cents ...
  • Blitzer, Charles R. (MIT Center for Energy and Environmental Policy Research, 1990)
    A general equilibrium approach, in the form of a multisector, intertemporal programming model, is used to analyze the effects on the growth of the Egyptian economy of carbon emissions constraints that differ across sectors ...
  • Bailey, Elizabeth M. (MIT Center for Energy and Environmental Policy Research, 1998)
    This paper exploits a large mine-level database to contribute to our understanding of the micro-sources of productivity growth. The database contains observations for labor input and coal output at every mine in the United ...
  • Poterba, James M. (MIT Center for Energy and Environmental Policy Research, 1993)
  • Ellerman, A. Denny; Reguant, Mar (2008)
    In this paper, we test the Coase theorem in the context of carbon emissions trading. We investigate whether generating firms were influenced in their operational decisions by the initial amount of grandfathered emissions ...
  • Schmalensee, Richard (MIT Center for Energy and Environmental Policy Research, 1996)
  • Blitzer, Charles R. (MIT Center for Energy and Environmental Policy Research, 1992)
    This paper is an assessment for a particular country, Egypt, of the economic effects, under various conditions, of carbon emission restrictions. Like other work, it is an exemplification of some of the economic possibilities. ...
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