Road transport imposes negative externalities on society. These externalities include
environmental and road damage, accidents, congestion, and oil dependence. The cost of …

Energy-efficient technologies offer considerable promise for reducing the financial costs and
environmental damages associated with energy use, but it has long been observed that …

Moderate effects of pollution on health may exert important influences on work. We exploit
exogenous variation in pollution due to the closure of a large refinery in Mexico City to …

This paper discusses the nature, and magnitude, of externalities associated with automobile
use, including local and global pollution, oil dependence, traffic congestion and traffic …

Gasoline taxes can be employed to correct externalities from automobile use and to raise
government revenue. Our understanding of the optimal gasoline tax and the efficacy of …

This study explores the impact of bicycle-sharing infrastructure on urban transportation. We
estimate a causal effect of the Capital Bikeshare on traffic congestion in the metropolitan …

We examine the impacts of increased US gasoline taxes in a model that links the markets for
new, used, and scrapped vehicles and recognizes the considerable heterogeneity among …

How should carbon be taxed as a part of fiscal policy? The literature on optimal carbon
pricing often abstracts from other taxes. However, when governments raise revenues with …

Green tax reform is unpopular because, typically, the poor are hurt most by the higher prices
of carbon-intensive commodities. If revenues from a carbon tax are recycled, it may be …

A unified treatment of the marginal cost of public funds, covering both its theoretical
foundations and how the MCF concept can be used to analyze tax policy issues. The …