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Strategic partitioning of emissions allowances
Discussion Papers no. 538
The EU Emission Trading Scheme (ETS) is breaking new ground in the experience with emission trading regimes across multiple jurisdictions. Since the EU ETS covers only some industries, it implies a hybrid emission control scheme where EU ...
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The role of heterogeneous demand for temporal and structural aggregation bias
Discussion Papers no. 537
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The role of heterogeneous demand for temporal and structural aggregation bias
Discussion Papers no. 537
Differences in estimated parameters depending on the frequency of aggregate data have been reported in several fields of economic research. Some differences are due to seasonal variations in demand, but temporal aggregation bias is report...
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Timing of innovation policies when carbon emissions are restricted
Discussion Papers no. 536
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Timing of innovation policies when carbon emissions are restricted
Discussion Papers no. 536
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Performance pay and within-firm wage inequality
Discussion Papers no. 535
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Performance pay and within-firm wage inequality
Discussion Papers no. 535
This paper examines the impact of performance-related pay on wage differentials within firms. Our theoretical framework predicts that, compared to a fixed pay system, pay schemes based on individual effort increase within-firm wage inequa...
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How well do tree plantations comply with the twin targets of the Clean Development Mechanism?
Discussion Papers no. 534
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How well do tree plantations comply with the twin targets of the Clean Development Mechanism?
Discussion Papers no. 534
This paper studies the effect of a CDM tree-planting project on carbon sequestration and urban and rural income distribution, taking economy-wide impacts into account. Carbon sequestration in agricultural soil is considered in addition to...
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Are lone mothers responsive to policy changes?
Discussion Papers no. 533
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Are lone mothers responsive to policy changes?
Discussion Papers no. 533
The generous Nordic model of welfare is commonly viewed as an exceptional success both in terms of equality and economic growth. However, it has recently become evident that subgroups of the population with weak labour market attachment a...
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Engel elasticities, pseudo-maximum likelihood estimation and bootstrapped standard errors
Discussion Papers no. 532
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Engel elasticities, pseudo-maximum likelihood estimation and bootstrapped standard errors
Discussion Papers no. 532
Estimation of standard errors of Engel elasticities within the framework of a linear structural model formulated on two-wave panel data is considered. The complete demand system is characterized by measurement errors in total expenditure ...
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Skill composition: exploring a wage-based skill measure
Discussion Papers no. 531
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Skill composition: exploring a wage-based skill measure
Discussion Papers no. 531
Most studies of heterogeneous labor inputs use classifications of high skilled and low skilled based on workers' educational attainment. In this study we explore a wage-based skill measure using information from a wage equation. Evidence ...
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