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The Simpler the Better? Threshold Effects of Energy Labels on Property Prices and Energy Efficiency Investments

By Rodolfo Sejas-Portillo, Mirko Moro, and Till Stowasser

American Economic Journal: Applied Economics, January 2025

Using British data on over 7 million residential property sales, we find that simplified energy efficiency (EE) information leads to important market effects. UK legislation requires the use of an energy label that shows an EE rating score (1–100) mappe...

Money (Not) to Burn: Payments for Ecosystem Services to Reduce Crop Residue Burning

By B. Kelsey Jack, Seema Jayachandran, Namrata Kala, and Rohini Pande

American Economic Review: Insights, March 2025

We test whether payments for ecosystem services (PES) can curb the highly polluting practice of crop residue burning in India. Standard PES contracts pay participants after verification that they met a proenvironment condition (clearing fields without bur...