STICERD Econometrics Seminar Series
Semiparametric Equilibrium Counterfactuals: Emission Policies in the New and Used Car Market
Jonas Lieber (Imperial), joint with Alexander Torgovitsky and Pietro Tebaldi
Thursday 07 November 2024 14:00 - 15:30
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About this event
We develop and implement a method to estimate sharp semiparametric bounds on counterfactual outcomes imposing assumptions on demand, exogeneity of instrumental variables, and supply relationships. We show that the identified set can be sharply characterized by solving a finite number of linear programs; this limits computational complexity and increases the transparency of the mapping from data and assumptions to empirical conclusions. We use this method to study how Texas vehicle emissions during the 2016-2019 period would have been different under policies to incentivize (penalize) the purchase of less (more) polluting cars.
STICERD Econometrics seminars are held on Thursdays in term time at 14.00-15.30, in SAL 3.05, unless specified otherwise.
Seminar organisers: Dr Yike Wang, Professor Tai Otsu, and Dr Vassilis Hajivassiliou.
For further information please contact Sadia Ali: s.ali43@lse.ac.uk.
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