@ajkirk.bsky.social
New NBER working paper!
Much of the green transition is about asking people to pay up front for a long run of savings (EVs, heat pumps) + social benefits. If folks discount that future flow of savings differently, we should expect very different take-up and meaningful differences in welfare.
Much of the green transition is about asking people to pay up front for a long run of savings (EVs, heat pumps) + social benefits. If folks discount that future flow of savings differently, we should expect very different take-up and meaningful differences in welfare.
Lower-wealth households discount future payoffs from rooftop solar 50 percent more than wealthier households, from Bryan Bollinger, Kenneth Gillingham, and A. Justin Kirkpatrick https://www.nber.org/papers/w33368
January 26, 2025 at 3:55 PM
New NBER working paper!
Much of the green transition is about asking people to pay up front for a long run of savings (EVs, heat pumps) + social benefits. If folks discount that future flow of savings differently, we should expect very different take-up and meaningful differences in welfare.
Much of the green transition is about asking people to pay up front for a long run of savings (EVs, heat pumps) + social benefits. If folks discount that future flow of savings differently, we should expect very different take-up and meaningful differences in welfare.
Reposted
Lower-wealth households discount future payoffs from rooftop solar 50 percent more than wealthier households, from Bryan Bollinger, Kenneth Gillingham, and A. Justin Kirkpatrick https://www.nber.org/papers/w33368
January 24, 2025 at 5:30 PM
Lower-wealth households discount future payoffs from rooftop solar 50 percent more than wealthier households, from Bryan Bollinger, Kenneth Gillingham, and A. Justin Kirkpatrick https://www.nber.org/papers/w33368