Working Papers
Recent Submissions
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Market-Based Emissions Regulation and Industry Dynamics
(MIT CEEPR, 2013-01)We assess the long-run dynamic implications of market-based regulation of carbon dioxide emissions in the US Portland cement industry. We consider several alternative policy designs, including mechanisms that use production ... -
Adapting to Climate Change: The Remarkable Decline in the U.S. Temperature-Mortality Relationship over the 20th Century
(MIT CEEPR, 2012-01)Adaptation is the only strategy that is guaranteed to be part of the world's climate strategy. Using the most comprehensive set of data files ever compiled on mortality and its determinants over the course of the 20th ... -
Hit or Miss: Regulating Derivative Markets to Reduce Hedging Costs at Non-Financial Companies
(MIT CEEPR, 2012-01)Derivative markets are an important tool enabling non‐financial companies to reduce their risk and manage their financing. Effective regulation of these markets can lower companies hedging costs and help improve productivity. ...