Ryan Kellogg, a Professor at University of Chicago Harris School of Public Policy, visited the NCID to give as seminar entitled "The End of Oil".
His paper predicts that global demand for crude oil will fall to near zero by the end of this century, driven by a combination of improvements in clean energy technologies and the adoption of increasingly stringent climate policies.
It analyzes what implications this decline in demand would have for global oil supply. One cause for concern is the well-known “green parado...
Christopher Rauh, a Professor of Economics and Data Science at University of Cambridge, visited the NCID to give as seminar entitled "If You Only Have a Hammer: Optimal Dynamic Prevention Policy".
His paper proposes a dynamic decision model for situations in which a policymaker faces a recurrent risk and has to choose between early action (prevention) and late action (de-escalation).
The dynamics, damages and actions are modelled in a Markov model. This allows us to first derive three simple theoretical results. First, optimal...
Marcos Vera-Hernández, a Professor of Economics in University College London, visited the NCID to give as seminar entitled "Cost-Sharing in Medical Care Can Increase Adult Mortality: Evidence from Colombia".
This paper reassesses the link between ambulatory cost-sharing and health by studying Colombia's entire formal sector labour force observed monthly between 2011 and 2018 with individual-level health care utilisation records linked to payroll data and vital statistics.
This is the first study to show ...