This study estimates the causal impact of Airbnb expansion on local housing prices by exploiting the 2017 total solar eclipse as a natural experiment. The eclipse’s path of totality created a exogenous temporary…
The EU member states have committed to achieving climate neutrality, i.e. netzero greenhouse gas (GHG) emissions, by mid-century. The two emissions trading systems (ETSs) in the EU—ETS1 and ETS2—are the lead…
The global public good nature of climate change mitigation and the resulting free-rider problem require a restructuring of the incentives for countries to price fossil energy consumption. Existing empirical…
This policy brief examines overplacement in households’ risk perceptions: overplacement describes the tendency of individuals to underestimate their likelihood of experiencing certain negative financial shocks…
Among the consequences of the COVID-19 pandemic were disruptions to household finances.U.S. households were buffeted by many negative shocks, such as inflation, unemployment, investment or business losses, or…
