Our paper is officially out in The Review of Economic Studies with @jorgenja, Jonas Hamang and @tfharding
Most climate policies targets fossil fuel consumption. We use global firm- and field-level data to ask what happens when policies are levied on oil production instead. /1
Kirjoitin Ilmastopaneelin blogiin EU:n päästökaupan uudistuksesta.
Blogissa arvioidaan uudistuksen ilmastovaikutuksia ja pohditaan, miksi tiukempi päästökauppa olisi myös Suomen etu.
ilmastopaneeli.fi/paastokaup…
Some career news: I'll be joining Aalto University in January as an associate professor of energy and environmental economics.
A great opportunity for me and the group. Looking forward to meeting my new colleagues!
sttinfo.fi/tiedote/72452712/…
Great to see our research making its way into Norway's electricity pricing debate, with the minister weighing in.
A good opportunity to highlight several other great papers from Norway contributing to the evidence that households are price-responsive (links in comments)
Our paper is officially out in The Review of Economic Studies with @jorgenja, Jonas Hamang and @tfharding
Most climate policies targets fossil fuel consumption. We use global firm- and field-level data to ask what happens when policies are levied on oil production instead. /1
If only OECD countries adopt this policy, there is carbon leakage as the price increase triggers more production in other countries. This leakage amounts to 47-73% of the intended effect. /5
Uusi taloustiedettä, ekologiaa ja tilastotiedettä yhdistävä hanke alkaa. Tavoitteena on tutkia datan avulla luonnon ja talouden kytköksiä, ja miten luonnon arvo saadaan mukaan päätöksentekoon.
Suuri kiitos Jane ja Aatos Erkon säätiölle rahoituksesta 🙏
helsinki.fi/fi/uutiset/kesta…
The English version of our report on the impact of the EU's 2040 climate target and the EU ETS reforms has been published.
The full report is found here:
ilmastopaneeli.fi/en/hae-jul…
Forthcoming in AER: Insights: "Household-Level Responses to the European Energy Crisis" by Lassi Ahlvik, Tuomas Kaariaho, Matti Liski, and Iivo Vehviläinen. aeaweb.org/articles?id=10.12…
Our new publication is now forthcoming in AER:Insights, with @TuomasK4, Matti Liski and Iivo Vehviläinen.
It is known that low-income households spend a larger income share on energy. Our main result adds a new dimension: they are also less able to adjust when prices rise /1
We find strong heterogeneity across income groups: higher-income households mainly respond by reducing electricity use, while lower-income households reduce it less and are more likely to respond through increased labor earnings, payment defaults, and cuts in other spending. /4
Takeaway: high energy prices harm the low-income households more than previously thought, and relief programs should target them. /5
Paper: aeaweb.org/articles?id=10.12…
Ungated version: tinyurl.com/2s4f7fee