Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between “dirty” (internal combustion engine) and “clean” (e.g. electric and hybrid) patents across 80 countries over several decades. We show that firms tend to innovate relatively more in clean technologies when they face higher tax-inclusive fuel pr...

Over the past several decades, significant efforts have been made to regulate the use of resource and pollution in most industrialized countries, and the stringency of pollution regulations has continued to increase globally. At the same time, physical and social infrastructures are influenced by changes in the use of resources which contribute to the wealth of many regions. Technical progress ...

This paper studies the economic impact of the current global economic downturn on the household sector. Household budgets can be negatively affected by declines in nominal wages and increases in unemployment. We empirically test this effect for the Czech economy. As a result of the lack of individual data on the Czech household finances, micro data are simulated. Our analysis clearly points out...

Real Wage Cyclicality in Germany and the UK: New Results Using Panel Data This paper compares the cyclical behaviour of male real wages in Germany and the UK using the German Socio-Economic Panel 1984-2002 and the British Household Panel Survey 1991-2004. We distinguish between job stayers (remaining in the same job), and withinand between-company job movers. Stayers are the large majority in b...

Pension Design with a Large Informal Labor Market: Evidence from Chile This paper investigates empirically the fiscal and welfare trade-offs involved in designing a pension system when workers can avoid participation by working informally. A dynamic behavioral model captures a household’s labor supply, formal/informal sector choice and saving decisions under the rules of Chile’s canonical priva...

A better understanding of household water use in developing countries is necessary to manage and expand water systems more effectively. Several meta-analyzes have examined the determinants of household water demand in industrialized countries, but little effort has been made to synthesize the growing body of literature evaluating household water demand in developing countries. This article revi...

This article critically analyses the opportunities for Australia to revitalise its strategically important manufacturing sector in wake of COVID-19 pandemic. It considers Australia’s industry policy options on basis both advances theory industrial and recent proposals Australian context. draws work from The Institute’s Centre Future Work examining prospects renewal a post-COVID-19 economy, toge...

Mobility in the Urban Labor Market: A Panel Data Analysis for Mexico ∗ We analyze mobility in urban Mexico between three labor market states: working in the formal sector, working in the informal sector, and not working. We use a dynamic multinomial logit panel data model with random effects, explaining the labor market state of each individual during each time period. The data is drawn from Me...

This paper sets up a two-sector, two-period trade model of a developing country which is abundant in a non-renewable natural resource but scarce in industrial goods. It shows that lower future travel costs, rising demand for tourism and higher preferences for the environment slow down today’s optimal depletion of the natural resource that can be used for consumption or for exporting tourism ser...