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The Lightbulb Paradox: Consumer Behavior and Public Policy in the U.S. Electricity Market

Energy-efficient technologies, such as compact fluorescent lightbulbs (CFLs), have the potential to save consumers money, but their adoption remains low. Researchers evaluated the impact of information and price on demand for CFLs in two contexts: an online survey platform and a typical retail...

Real-Time Pricing to Reduce Electricity Use in the United States

During periods of high electricity use that strain the grid, electricity customers do not have any reason to conserve because they pay a fixed price per kilowatt hour of power. In this study, the researcher evaluated the impact on electricity usage of a real-time pricing scheme, which charges...

Distributing Pollution Rights in Cap-and-Trade Programs in the United States

Jeffrey Perloff
Researchers evaluated a cap-and-trade program in the United States to determine if the initial allocation of permits among firms affected how much firms decided to pollute. Evidence was consistent with, but not proof of, the economic theory that firms make decisions to reduce emissions based on...

Deferring Wages and Labor Supply in Malawi

Lasse Brune
Researchers partnered with a tea company in Malawi to study the effects of a savings product that allowed workers to defer payment of a part of their wages. The deferred wages program was generally popular and increased savings; in the longer run, it helped workers improve their houses.

The Impact of PROGRESA on Health in Mexico

Simone Peart Boyce
Conditional cash transfer (CCT) programs are designed to incentivize parents to invest in their children's health and wellbeing, while providing cash transfers to improve their current welfare. Researchers evaluated the impact of Mexico’s national CCT program (“PROGRESA”) on a wide range of health...

The Effect of Active Labor Market Policies Combat Youth Unemployment in Denmark

Jonas Maibom
Michael Svarer
Following the 2007 financial crisis and the subsequent increase in youth unemployment, the Danish government intensified programs aimed at helping young job seekers find work. These programs, also known as active labor market programs (ALMPs), typically include job search counseling, training...

The Effect of Monetary Transfers on Disadvantaged Youth Employment in France

Romain Aeberhardt
Vera Chiodi
Mathilde Gaini
Léopold Gilles
Nelly Guisse
Augustin Vicard
Researchers evaluated whether a conditional cash transfer targeted to youth aged 18 to 23 could encourage participation in a job placement program and ultimately help them secure longer-term, higher-paying positions. The cash transfer increased participation in the job placement program but did not...

Free Medical Consultations for Young Job Seekers in France

Julie Pernaudet
Researchers partnered with five job centers to test whether health counseling targeted at youth increased insurance coverage and health care use, leading to better health and employment outcomes. Encouraging youth to meet with a social worker and with a physician increased enrollment in the public...