KY Chay… - 1998 - nber.org
This study exploits the quasi-random assignment of air pollution changes across counties
induced by federally mandated air pollution regulations to identify the impact of particulate
matter on property values. Two striking empirical regularities emerge from the analysis. ...
KY Chay… - 1999 - nber.org
This study uses sharp, differential air quality changes across sites attributable to geographic
variation in the effects of the 1981-82 recession to estimate the relationship between infant
mortality and particulates air pollution. It is shown that in the narrow period of 1980-82, ...
M Greenstone - 2001 - nber.org
This paper estimates the effects of environmental regulations on industrial activity. The
analysis is conducted with the most comprehensive data available on both regulations from
the Clean Air Act Amendments' division of counties into pollutant-specific nonattainment ...
O Deschenes… - The American Economic …, 2007 - ingentaconnect.com
Abstract: This paper measures the economic impact of climate change on US agricultural
land by estimating the effect of random year-to-year variation in temperature and
precipitation on agricultural profits. The preferred estimates indicate that climate change ...
O Ashenfelter… - 2002 - nber.org
In 1987 the federal government permitted states to raise the speed limit on their rural
interstate roads, but not on their urban interstate roads, from 55 mph to 65 mph for the first
time in over a decade. Since the states that adopted the higher speed limit must have ...
M Greenstone… - 2005 - nber.org
Approximately $30 billion (2000$) has been spent on Superfund clean-ups of hazardous
waste sites, and remediation efforts are incomplete at roughly half of the 1,500 Superfund
sites. This study estimates the effect of Superfund clean-ups on local housing price ...
M Greenstone, P Oyer… - 2005 - nber.org
The 1964 Securities Acts Amendments extended the mandatory disclosure requirements
that had applied to listed firms since 1934 to large firms traded Over-the-Counter (OTC). We
find several pieces of evidence indicating that investors valued these disclosure ...
M Greenstone… - 2003 - nber.org
Increasingly, local governments compete by offering substantial subsidies to industrial
plants to locate within their jurisdictions. This paper uses a novel research design to
examine the consequences of successfully bidding for a plant on county-level labor ...
KY Chay… - 2003 - nber.org
We examine the effects of total suspended particulates (TSPs) air pollution on infant health
using the air quality improvements induced by the 1970 Clean Air Act Amendments (CAAA).
This legislation imposed strict regulations on industrial polluters in nonattainment'counties ...
M Greenstone - Journal of Environmental Economics and Management, 2004 - Elsevier
Over the last three decades, ambient concentrations of sulfur dioxide (SO2) air pollution
have declined by approximately 80%. This paper tests whether the 1970 Clean Air Act and
its subsequent amendments caused this decline. The centerpiece of this legislation is the ...
M Greenstone, R Hornbeck… - 2008 - nber.org
We quantify agglomeration spillovers by estimating the impact of the opening of a large new
manufacturing plant on the total factor productivity (TFP) of incumbent plants in the same
county. Articles in the corporate real estate journal Site Selection reveal the county where ...
M Greenstone… - Journal of Environmental Economics and …, 2009 - Elsevier
This paper argues that an increased application of quasi-experimental and experimental
techniques will improve understanding about core environmental economics questions. This
argument is supported by a review of the limitations of associational evidence in ...
O Ashenfelter… - 2004 - nber.org
In this paper we show that omitted variables and publication bias lead to severely biased
estimates of the value of a statistical life. Although our empirical results are obtained in the
context of a study of choices about road safety, we suspect that the same issues plague ...
M Greenstone, R Hornbeck… - Journal of Political Economy, 2010 - JSTOR
We quantify agglomeration spillovers by comparing changes in total factor productivity (TFP)
among incumbent plants in “winning” counties that attracted a large manufacturing plant and
“losing” counties that were the new plant's runner-up choice. Winning and losing counties ...
M Greenstone - The American Economic Review, 2003 - JSTOR
Recent research has demonstrated that the regulations imposed by the Clean Air Act
Amendments'(CAAA's) are associated with reductions in manufacturing activity and
improvements in ambient air quality (J. Vernon Henderson, 1996; Randy Becker and ...
K Chay, C Dobkin… - Journal of Risk and Uncertainty, 2003 - Springer
Previous research has established an association between air pollution and adult mortality.
However, studies utilizing short-term fluctuations in pollution may detect mortality changes
among the already ill or dying, while prospective cohort studies, which utilize geographic ...
DV Almond, KY Chay, M Greenstone… - 2001 - econ.ucdavis.edu
Abstract We document a large reduction in the black infant mortality rate (IMR) from 1965 to
1971 relative to pre-existing trends. This six-year reduction accounts for the greatest
convergence in blackwhite IMRs in the entire post-World War II era. While the black-white ...
E Duflo, M Greenstone… - SAPI EN. S. Surveys and …, 2008 - sapiens.revues.org
Indoor air pollution (IAP) caused by solid fuel use and/or traditional cooking stoves is a
global health threat, particularly for women and young children. The WHO World Health
Report 2002 estimates that IAP is responsible for 2.7% of the loss of disability adjusted life ...
D Almond, KY Chay, M Greenstone… - 2006 - papers.ssrn.com
Abstract: For the last sixty years, African-Americans have been 75% more likely to die during
infancy as whites. From the mid-1960s to the early 1970s, however, this racial gap narrowed
substantially. We argue that the elimination of widespread racial segregation in Southern ...
O Deschênes, M Greenstone… - The American Economic Review, 2009 - JSTOR
There is a growing consensus that emissions of greenhouse gases due to human activity
will alter the earth's climate, most notably by causing temperatures, precipitation levels, and
weather variabilityto increase. The design of optimal climate change mitigation policies ...
M Greenstone - Economic Inquiry, 2002 - Wiley Online Library
In a recent issue of Economic Inquiry (35 [3]: 614–20) Lave and Elias (1997) contend that
the 1987 increase in speed limits to 65 mph on rural interstate roads caused a reduction in
statewide fatality rates. They argue that increased fatality rates on rural interstates were ...
RG Fryer… - 2007 - nber.org
Until the 1960s, Historically Black Colleges and Universities (HBCUs) were practically the
only institutions of higher learning open to Blacks in the US. Using nationally representative
data files from 1970s and 1990s college attendees, we find that in the 1970s HBCU ...
E Duflo, M Greenstone… - Economic and Political Weekly, 2008 - JSTOR
Indoor air pollution emitted from traditional fuels and cooking stoves is a potentially large
health threat in rural regions. This paper reports the results of a survey of tradftional stove
ownership and health among 2,400 households in rural Orissa. We find a very high ...
M Greenstone, E Kopits… - 2011 - nber.org
The United States Government recently concluded a year-long process to develop a range
of values representing the monetized damages associated with an incremental increase in
carbon dioxide (CO2) emissions, commonly referred to as the social cost of carbon (SCC). ...
D Almond, Y Chen, M Greenstone… - The American Economic Review, 2009 - JSTOR
Air quality in China is notoriously poor. Ambient concentrations of Total Suspended
Particulates(TSP) 1981-1993 were more than double China's National Annual Mean
Ambient Air Quality Standard of 200 mg/m3 (Xiaohui Bi et al. 2007) and five times the level ...
KY Chay… - The American Economic Review, 2000 - JSTOR
The dramatic reduction in the black-white earnings gap from 1965 to 1975 represents the
most significant period of economic progress for African-Americans in the post World War II
era. After 25 years of contentious research, economists have arrived at a consensus that ...
[CITATION] The Marginal Effects of Environmental Regulations of the Manufacturing Sector: Evidence from the 1970 and 1977 Clean Air Act Amendments
M Greenstone - Princeton University, 1998
J Currie, M Greenstone… - 2011 - nber.org
We are the first to examine the effect of Superfund cleanups on infant health rather than
focusing on proximity to a site. We study singleton births to mothers residing within 5km of a
Superfund site between 1989-2003 in five large states. Our “difference in differences” ...
M Greenstone… - Review of Quantitative Finance and Accounting, 2000 - Springer
The recent emphasis on sector-specific investment strategies has led to the emergence of
industry-specific calendar anomalies, notably the technology sector “summer swoon”. A
standard t-test implies that these price movements provide arbitrage opportunities. ...
[CITATION] Civil rights, the war on poverty, and black-white convergence in infant mortality rates in Mississippi
DV Almond, KY Chay… - 2001 - Mimeo, August
[CITATION] A Reexamination of the Systemwide Effects of the 65 mph Speed Limit
M Greenstone - Economic Inquiry, 2002
M Greenstone - 2007 - nber.org
There is a paucity of facts about the effects of the recent military" Surge" on conditions in Iraq
and whether it is paving the way for a stable Iraq. Selective, anecdotal and incomplete
analyses abound. Policy makers and defense planners must decide which measures of ...
M Greenstone,
J List… - 2011 - papers.ssrn.com
Abstract: Whether and to what extent environmental regulations influence the
competitiveness of firms remains a hotly debated issue. Using detailed production data from
tens of thousands of US manufacturing plants drawn from Annual Survey of Manufactures, ...
[CITATION] Air Quality
KY Chay… - Infant Mortality, and the Clean Air Act of, 1970
[CITATION] Bidding for industrial plants: Does winning a 'million dollar plant'increase welfare? Processed
M Greenstone… - University of California Berkeley, 2004
[CITATION] Identifying agglomeration spillovers: Evidence from million dollar plants
G Michael, H Rick… - NBER Working Paper, 2008
M Greenstone - New Perspectives on Regulation, 2010 - books.google.com
The question we ask today is not whether our government is too big or too small, but
whether it works—whether it helps families find jobs at a decent wage, care they can afford,
a retirement that is dignified. Where the answer is yes, we intend to move forward. Where ...
J Gallagher… - Working paper, 2007 - ideas.repec.org
This paper uses the housing market to develop estimates of the local welfare impacts of
Superfund sponsored clean-ups of hazardous waste sites. We show that if consumers value
the clean-ups, then the hedonic model predicts that they will lead to increases in local ...
[CITATION] Bidding for Industrial Plants: Does Winning a
M Greenstone… - Million Dollar Plant” increase Welfare, 2004
[CITATION] Does hazardous waste matter?
M Greenstone… - 2005
[CITATION] Using the Mandated Speed Limits to Measure the Value of a Statistical Life
O Ashenfelter… - 2001 - unpublished manuscript, Princeton …
J Fryer, G Roland… - American economic journal …, 2010 - ingentaconnect.com
Abstract: Using nationally representative data files from 1970s and 1990s college attendees,
we find that in the 1970s matriculation at historically black colleges and universities
(HBCUs) was associated with higher wages and an increased probability of graduation, ...
O Deschênes… - American Economic Journal: …, 2011 - ingentaconnect.com
Abstract: Using random year-to-year variation in temperature, we document the relationship
between daily temperatures and annual mortality rates and daily temperatures and annual
residential energy consumption. Both relationships exhibit nonlinearities, with significant ...
[CITATION] Bidding for Industrial Plants: Does Winning a'Million Dollar Plant'Increase Welfare? NBER Working Paper No. 9844, Cambridge, MA
M Greenstone… - 2003
[CITATION] John List, and Chad Syverson. 2010.“The Effects of Environmental Regulation on the Competitiveness of US Manufacturing.”
M Greenstone - mimeo
[CITATION] College Is Expensive, But Still a Smart Choice
M Greenstone… - Brookings. edu, 2011
M Greenstone - 2010 - dspace.cigilibrary.org
" I am grateful for the opportunity to speak today about two interrelated challenges that our
country faces. The first is the stagnation in economic opportunity for many families that dates
back at least three decades. The second is the economic, national security, and ...
[CITATION] Does Air Quality Matter? Evidence from
KY Chay… - 1998
D Albouy, J Butler, D Card, P Courant, L Davis… - 2008 - Citeseer
... [www-personal.umich.edu]. Save to List; Add to Collection; Correct Errors; Monitor Changes.
by David Albouy , Js Butler , David Card , Paul Courant , Lucas Davis , Morris Davis , Gilles
Duranton , All Eberts , Richard Florida , Rob Gillezeau , Michael Greenstone , Joseph Gyourko ...
M Greenstone - University of Chicago, American Bar Foundation, …, 2002 - weber.ucsd.edu
* This paper was prepared for the 2nd World Congress of Environmental Economists on the
50th Anniversary of the founding of Resources for the Future. This paper would not have
been possible without my collaboration with Kenneth Chay on a series of papers on the ...
[CITATION] Using Mandated Speed Limits to Measure the Value of a Statistical Life: Evidence from the Introduction of the 65-mph Speed Limit on Rural Interstates
O Ashenfelter… - 2001 - mimeo, University of Chicago
M Greenstone… - Brookings Institution. Up Front Blog, 2011 - hamiltonproject.org
In last month's posting, The Hamilton Project continued its examination of long-term labor
market trends, focusing on earning trends for men over the last four decades. The findings
were stark: inflation-adjusted earnings for the median male worker were lower in 2009 ...
[CITATION] The Convergence of Black-White Infant Mortality Rates in the 1960s
K Chay… - 2000 - mimeo, UC Berkeley
M Greenstone, N Di Lavoro, F Eni, E Mattei… - Journal of Political …, 2002 - Citeseer
Abstract This paper can be downloaded without charge at: The Fondazione Eni Enrico
Mattei Note di Lavoro Series Index: http://www. feem. it/web/activ/activ. html Social Science
Research Network Electronic Paper Collection: http://papers. ssm. com/abstmct id= ...
M Greenstone, A Looney, Hamilton Project… - 2010 - brookings-tsinghua.cn
Abstract When hit by recessions or other economic shocks, some communities have
persistently low rates of economic growth that cause them to fall behind the rest of the
country. The recovery period for these distressed communities is longer and more painful ...
DV Almond, KY Chay… - 2008 - qed.econ.queensu.ca
ABSTRACT We examine the role of Title VI of the Civil Rights Act of 1964 in the reduction of
the black infant mortality rate (IMR) in the United States after 1965. Black-white IMR
convergence was greatest in the South–where access to hospital care among blacks ...
[CITATION] Does Hazardous Waste Matter? Evidence from the Housing Market and the Superfund Program. FEEM (Fondazione Eni Enrico Mattei)
M Greenstone… - 2008 - Working Paper
[CITATION] Have Earnings Actually Declined?
M Greenstone… - Up Front blog, Brookings Institution's the Hamilton …, 2011
[CITATION] Defending Against Environmental Insults: Drugs, Emergencies, Mortality and the NOx Budget Program Emissions Market
O Deschenes, M Greenstone… - 2011 - Working Paper
[CITATION] Does hazardous waste matter?, Evidence from the housing market and the Superfund Program. Mimeographed
M Greenstone… - 2005 - MIT
A Roger, M Greenstone, R Rubin… - 2010 - dspace.cigilibrary.org
"“A defining feature of United States history is that each generation of Americans has
enjoyed a higher standard of living and access to opportunities not available to their parents.
This tradition is at risk because we are failing to make critical investments in human, ...
[CITATION] Bidding for industrial plants: does winning aa 'million dollar plant
M Greenstone… - 2004 - increase welfare
M Greenstone… - 2011 - nber.org
Using the most comprehensive data file ever compiled on air pollution, water pollution,
environmental regulations, and infant mortality from a developing country, the paper
examines the effectiveness of India's environmental regulations. The air pollution ...
[CITATION] Air quality, adult mortality, and the clean air act of 1970
K Chay, C Dobkin… - Journal of Risk and Uncertainty, 2003
M Greenstone… - 2011 - astrid-online.it
Y Chen,
A Ebenstein, M Greenstone… - 2011 - 199.169.201.130
Abstract: This study exploits an arbitrary Chinese law to provide the first evidence on the
impact of sustained exposure to total suspended particulates (TSP) air pollution on life
expectancy. During the 1950-1980 central planning period, China established free winter ...
[CITATION] Mandated Disclosure
M Greenstone, P Oyer… - Stock Returns, and the, 1964
E Duflo, M Greenstone, R Pande… - 2010 - 18.7.29.232
Emissions trading schemes have great potential to lower pollution while minimizing
compliance costs for firms in many areas now subject to traditional command-and-control
regulation. This paper connects experience with emissions trading, from programs like the ...
R Hornbeck, M Greenstone… - Unpublished Working paper, MIT …, 2007 - rcfea.org
ABSTRACT We quantify agglomeration spillovers by estimating the impact of the opening of
a large new manufacturing plant on the total factor productivity (TFP) of incumbent plants in
the same county. Articles in the corporate real estate journal Site Selection reveal the ...
[CITATION] Bidding for 'Million Dollar Plants': Do Local Subsidies Increase Local Welfare?
M Greenstone… - 2003
M Greenstone… - 2011 - brookings.edu
Abstract Confronting near-term budget challenges, state and local governments are under
tremendous pressure to focus on immediate needs at the expense of long-term investments.
While these difficult economic times have also caused significant budget pressures at the ...
M Greenstone, D Autor… - 2008 - dspace.mit.edu
In this dissertation, I provide evidence of the causal impact on mortgage supply of the
Community Reinvestment Act (CRA) and the" Government-Sponsored Enterprises (GSE)
Act", laws requiring banks and the GSEs (Fannie Mae and Freddie Mac), respectively, to ...
M Greenstone, E Duflo, RP Guiteras - 2008 - dspace.mit.edu
This thesis consists of three essays addressing open empirical questions in applied
microeconomics. Chapter 1 attempts to quantify the impact of climate change on Indian
agriculture. I use historical data on past yearly weather fluctuations and crop yields to ...
[CITATION] Essays in applied microeconomics
MB Greenstone - 1998 - Princeton University
M Greenstone… - aeaweb.org
1 In a cross-sectional analysis Paul Elliott, et al.(2001) finds that proximity to a hazardous
waste site in Great Briain increases the incidence of congenital anomalies. Dolk et al.(1998)
find a 33% increase in the risk on non-chromosomal anomalies for residents living within ...
M Deshpande… - … BE Journal of Economic Analysis & …, 2011 - degruyter.com
Gary Becker, Kevin Murphy, and Robert Topel's (BMT),“On the Economics of Climate Policy,”
is an important paper that deepens our understanding of what some have referred to as the
challenge of our generation. It is an excellent example of how basic price theory can be ...
J Angrist, M Greenstone, D Autor… - 2005 - dspace.mit.edu
This thesis is a collection of three empirical essays on the economics of local public goods.
Chapter One examines the marginal propensity of local governments to spend out of lump-
sum grant income. Economic theory predicts that this marginal propensity will equal the ...
M Greenstone… - 2011 - brookings-tsinghua.cn
Abstract This paper discusses the importance of effective training and workforce
development programs as part of a broader strategy to increase the competitiveness of
American workers. Although rapid technological change and increasing global ...
M Webster, N Santen, P Parpas, T Klier, J Linn… - dspace.mit.edu
CEEPR promotes rigorous and objective empirical research at MIT on issues related to
energy and environmental policy to support decision-making by government and industry.
The results of the research are disseminated through publications, workshops, ...
M Greenstone, A Looney… - 2011 - brookings-tsinghua.cn
Abstract For decades, investments in public education have boosted US productivity and
earnings, forged a path out of poverty for many families, helped disadvantaged students
narrow the learning gap with their peers, and developed a workforce that continues to be ...
[CITATION] Estimating the Value of a Statistical Life: The Importance of Omitted Variables and Public Bias
OC Ashenfelter, M Greenstone… - 2004 - Princeton University, Industial …
R Hanna, E Duflo… - 2012 - papers.ssrn.com
Abstract: It is conventional wisdom that it is possible to reduce exposure to indoor air
pollution, improve health outcomes, and decrease greenhouse gas emissions in rural areas
of developing countries through the adoption of improved cooking stoves. This is largely ...
M Greenstone… - brookings.edu
During the past century, innovation in mechanics, computing technology, medicine, and
business practices has driven economic growth, raised wages, and helped Americans lead
longer and healthier lives. The development of assembly line production, for example, and ...
[CITATION] Comment on “On the Economics of Climate Policy”: Is Climate Change Mitigation the Ultimate Arbitrage Opportunity?
M Deshpande… - The BE Journal of Economic Analysis & …, 2010 - bepress
H Allcott… - 2012 - nber.org
Many analysts have argued that energy efficiency investments offer an enormous “win-win”
opportunity to both reduce negative externalities and save money. This overview paper
presents a simple model of investment in energy-using capital stock with two types of ...
M Deshpande… - … BE Journal of Economic Analysis & …, 2011 - ideas.repec.org
If you experience problems downloading a file, check if you have the proper application to
view it first. Information about this may be contained in the File-Format links below. In case of
further problems read the IDEAS help page. Note that these files are not on the IDEAS site ...
D Acemoglu, M Greenstone, J Linn - 2005 - dspace.mit.edu
This thesis is a collection of three empirical essays on the effect of profit incentives on
innovation and technology adoption. Chapter 1, written with Daron Acemoglu, investigates
the effect of (potential) market size on entry of new drugs and pharmaceutical innovation. ...
M Greenstone - Working Papers, 2011 - netec.mcc.ac.uk
The Deepwater Horizon spill is the greatest spill our country has experienced, in terms of
both environmental and economic impacts, and I fear that we have yet to understand its full
impacts. A key purpose of my testimony is to use economic theory and evidence to take a ...
O Deschenes… - 2004 - nber.org
This paper measures the economic impact of climate change on US agricultural land. We
replicate the previous literature's implementation of the hedonic approach and find that it
produces estimates of the effect of climate change that are very sensitive to decisions ...
M Greenstone, A Vissing-Jorgensen… - … , Vol. 29, No. 2, pp. 52- …, 2006 - papers.ssrn.com
Abstract: We analyzed the last major imposition of mandatory disclosure requirements in US
equity markets. The 1964 Securities Acts Amendments extended several disclosure
requirements to large firms traded over-the-counter that had applied to listed firms since ...
[CITATION] The Effects of Environmental Regulations on Pollution Emissions: Evidence from Plant-Level Data-Estimating Regulation-Induced Substitution: The Effect …
M Greenstone - American Economic Review, 2003 - Princeton, NJ: American Economic …
MI Greenstone - 2011 - dspace.mit.edu
We can achieve these objectives without compromising our values in key areas ranging
from the protection of public health to the supervision of financial markets by ensuring that
the Executive and Legislative branches have the tools of analysis and measurement they ...
E Duflo, M Greenstone, R Pande… - 2012 - econ.econ.ucsb.edu
Abstract In a wide range of markets, from environmental and corporate audits to credit
ratings, private third-party entities are directly hired and paid by the firms on which they
report. In this paper, we demonstrate that the conflict of interest faced by third-party ...
OC Ashenfelter… - 2002 - econstor.eu
Zusammenfassung: In 1987 the federal government permitted states to raise the speed limit
on their rural interstate roads, but not on their urban interstate roads, from 55 mph to 65 mph
for the first time in over a decade. Since the states that adopted the higher speed limit must ...
M Greenstone - 2008 - oecd.org
Page 1. Consequences of Climate Change with a Focus on Human Health Michael
Greenstone 3M Professor of Environmental Economics Massachusetts Institute of Technology
National Bureau of Economic Research NERO/OECD WORKSHOP ...
M Greenstone, S Mullainathan… - 2006 - dspace.mit.edu
This dissertation presents work empirically investigating various aspects of the criminal
justice system. Chapter one, coauthored with Chris Rohlfs, examines the judicial bail-setting
process and the defendant decision to pay bail. Optimal bail-setting rules must balance ...
M Greenstone, A Krishnan… - hks.harvard.edu
The goal of environmental regulation is to protect human health and livelihoods from
environmental harms. The harm due to air pollution in India is very large. The Ministry of
Environment and Forests (MoEF) conservatively estimated that air pollution contributed to ...
M Greenstone… - 2012 - papers.ssrn.com
Abstract: Energy consumption is critical to economic growth and quality of life. America's
energy system, however, is malfunctioning. The status quo is characterized by a tilted
playing field, where energy choices are based on the visible costs that appear on utility ...
O Deschênes, M Greenstone… - 2011 - nber.org
ABSTRACT In theoretical models of health behavior, individuals undertake a wide range of
actions to protect themselves from risk or harm. It is widely believed that these actions
constitute a significant portion of the costs of harms, but there is little research establishing ...
M Greenstone, E Duflo, D Acemoglu… - 2009 - dspace.mit.edu
The first essay analyzes the impact of the 1930's American Dust Bowl and investigates how
much the short-term costs from erosion were mitigated by long-term adjustments. Exploiting
new data collected to identify low, medium, and high erosion counties, estimates indicate ...
Create email alert
About Google Scholar - All About Google - My Citations
©2012 Google