Joseph E. Aldy

Harvard Kennedy School

Assistant Professor of Public Policy

79 JFK Street

Cambridge, MA 02138

United States

http://www.hks.harvard.edu/about/faculty-staff-directory/joseph-aldy

National Bureau of Economic Research

Faculty Research Fellow

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

Resources for the Future

Nonresident Fellow

1616 P Street, NW

Washington, DC 20036

United States

Harvard University - Harvard Kennedy School (HKS)

79 John F. Kennedy Street

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

30

DOWNLOADS
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Top 8,541

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4,228

CITATIONS
Rank 1,962

SSRN RANKINGS

Top 1,962

in Total Papers Citations

284

Scholarly Papers (30)

The Value of a Statistical Life: A Critical Review of Market Estimates Throughout the World

Harvard Law and Economics Discussion Paper No. 392
Number of pages: 127 Posted: 16 Dec 2002
W. Kip Viscusi and Joseph E. Aldy
Vanderbilt University - Law School and Harvard Kennedy School
Downloads 598 (33,742)
Citation 151

Abstract:

The Value of a Statistical Life: A Critical Review of Market Estimates Throughout the World

NBER Working Paper No. w9487
Number of pages: 127 Posted: 13 Feb 2003
W. Kip Viscusi and Joseph E. Aldy
Vanderbilt University - Law School and Harvard Kennedy School
Downloads 194 (124,614)
Citation 151

Abstract:

2.

Thirteen Plus One: A Comparison of Global Climate Policy Architectures

KSG Working Paper Series No. RWP03-012; FEEM Working Paper No. 64.2003
Number of pages: 39 Posted: 27 Apr 2003
Joseph E. Aldy, Scott Barrett and Robert N. Stavins
Harvard Kennedy School, Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS) and Harvard University - Harvard Kennedy School (HKS)
Downloads 723 (25,858)
Citation 39

Abstract:

Policy architecture, Kyoto Protocol, Efficiency, Cost effectiveness, Equity, Participation, Compliance

The Promise and Problems of Pricing Carbon: Theory and Experience

Journal of Environment and Development, Forthcoming, Harvard Institute of Economic Research Discussion Paper , HKS Working Paper
Number of pages: 26 Posted: 29 Oct 2011
Joseph E. Aldy and Robert N. Stavins
Harvard Kennedy School and Harvard University - Harvard Kennedy School (HKS)
Downloads 166 (143,946)

Abstract:

global climate change, market-based instruments, carbon pricing, carbon taxes, cap-and-trade, emission reduction credits, energy subsidies, clean energy standards

The Promise and Problems of Pricing Carbon: Theory and Experience

FEEM Working Paper No. 82.2011
Number of pages: 31 Posted: 18 Jan 2012
Joseph E. Aldy and Robert N. Stavins
Harvard Kennedy School and Harvard University - Harvard Kennedy School (HKS)
Downloads 144 (162,926)

Abstract:

Global Climate Change, Market-Based Instruments, Carbon Pricing, Carbon Taxes, Cap-and-Trade, Emission Reduction Credits, Energy Subsidies, Clean Energy Standards

The Promise and Problems of Pricing Carbon: Theory and Experience

HKS Working Paper No. RWP11-041
Number of pages: 27 Posted: 12 Dec 2011
Joseph E. Aldy and Robert N. Stavins
Harvard Kennedy School and Harvard University - Harvard Kennedy School (HKS)
Downloads 61 (290,995)

Abstract:

global climate change, market‐based instruments, carbon pricing, carbon taxes, cap‐and‐trade, emission reduction credits, energy subsidies, clean energy standards

The Promise and Problems of Pricing Carbon: Theory and Experience

NBER Working Paper No. w17569
Number of pages: 26 Posted: 04 Nov 2011
Joseph E. Aldy and Robert N. Stavins
Harvard Kennedy School and Harvard University - Harvard Kennedy School (HKS)
Downloads 25 (416,481)

Abstract:

4.
Downloads 204 (119,108)
Citation 13

Age Variations in Workers' Value of Statistical Life

Harvard Law and Economics Discussion Paper No. 468
Number of pages: 57 Posted: 19 Oct 2004
Joseph E. Aldy and W. Kip Viscusi
Harvard Kennedy School and Vanderbilt University - Law School
Downloads 163 (146,270)
Citation 13

Abstract:

value of life, job risks, hedonic wage regression, VSLY

Age Variations in Workers' Value of Statistical Life

NBER Working Paper No. w10199
Number of pages: 53 Posted: 04 Jan 2004
Joseph E. Aldy and W. Kip Viscusi
Harvard Kennedy School and Vanderbilt University - Law School
Downloads 41 (349,413)
Citation 13

Abstract:

5.

A Tax-Based Approach to Slowing Global Climate Change

RFF Discussion Paper 08-26
Number of pages: 37 Posted: 20 Aug 2008 Last Revised: 12 May 2013
Joseph E. Aldy, Eduardo Ley and Ian W. H. Parry
Harvard Kennedy School, World Bank and Resources for the Future
Downloads 202 (115,831)
Citation 7

Abstract:

global climate change, CO2 tax, cap-and-trade, policy design

6.
Downloads 183 (131,833)
Citation 12

Designing Climate Mitigation Policy

RFF Discussion Paper No. 08-16
Number of pages: 53 Posted: 23 May 2009 Last Revised: 17 May 2014
Harvard Kennedy School, Resources for the Future, Duke University - Nicholas School of Environment, Resources for the Future and Duke University
Downloads 126 (181,402)
Citation 12

Abstract:

global warming damages, mitigation cost, climate policy, instrument choice, technology policy

Designing Climate Mitigation Policy

NBER Working Paper No. w15022
Number of pages: 52 Posted: 03 Jun 2009
Harvard Kennedy School, Resources for the Future, Duke University - Nicholas School of Environment, Resources for the Future and Duke University
Downloads 57 (301,165)
Citation 12

Abstract:

7.

Per Capita Carbon Dioxide Emissions: Convergence or Divergence?

Resources for the Future Discussion Paper No. 05-53
Number of pages: 35 Posted: 07 Feb 2006
Joseph E. Aldy
Harvard Kennedy School
Downloads 148 (153,568)
Citation 8

Abstract:

Emissions distributions, environmental Kuznets curve, Markov transition matrix

8.

Issues in Designing U.S. Climate Change Policy

RFF Discussion Paper No. 08-20
Number of pages: 39 Posted: 27 Feb 2009
Joseph E. Aldy and William A. Pizer
Harvard Kennedy School and Duke University
Downloads 143 (158,034)
Citation 3

Abstract:

cap-and-trade, carbon tax, cost containment, competitiveness

9.

Adjusting the Value of a Statistical Life for Age and Cohort Effects

Vanderbilt Law and Economics Research Paper No. 08-01, Resources for the Future Discussion Paper No. 06-19
Number of pages: 31 Posted: 26 Apr 2006 Last Revised: 27 Nov 2012
Joseph E. Aldy and W. Kip Viscusi
Harvard Kennedy School and Vanderbilt University - Law School
Downloads 138 (158,034)
Citation 17

Abstract:

Value of statistical life, job risks, hedonic wage regression, VSLY

Age Differences in the Value of Statistical Life: Revealed Preference Evidence

RFF Discussion Paper No. 07-05
Number of pages: 31 Posted: 12 Apr 2007 Last Revised: 27 Nov 2012
Joseph E. Aldy and W. Kip Viscusi
Harvard Kennedy School and Vanderbilt University - Law School
Downloads 126 (181,402)
Citation 14

Abstract:

value of statistical life, VSL, value of statistical life year, risk

Age Differences in the Value of Statistical Life: Revealed Preference Evidence

Review of Environmental Economics and Policy, Vol. 1, Issue 2, pp. 241-260, 2007
Posted: 27 Oct 2008
Joseph E. Aldy and W. Kip Viscusi
Harvard Kennedy School and Vanderbilt University - Law School

Abstract:

11.

A Preliminary Review of the American Recovery and Reinvestment Act’s Clean Energy Package

Resources for the Future Discussion Paper No. 12-03
Number of pages: 30 Posted: 18 Jan 2012
Joseph E. Aldy
Harvard Kennedy School
Downloads 119 (172,195)

Abstract:

economic stimulus, tax credits, energy loan guarantees, climate change, renewable energy

Using the Market to Address Climate Change: Insights from Theory and Experience

FEEM Working Paper No. 73.2011, HKS Working Paper No. RWP11-038
Number of pages: 33 Posted: 21 Nov 2011 Last Revised: 06 Dec 2011
Joseph E. Aldy and Robert N. Stavins
Harvard Kennedy School and Harvard University - Harvard Kennedy School (HKS)
Downloads 89 (233,057)

Abstract:

global climate change, market-based instruments, carbon pricing, carbon taxes, cap-and-trade, clean energy standards

Using the Market to Address Climate Change: Insights from Theory and Experience

NBER Working Paper No. w17488
Number of pages: 27 Posted: 08 Oct 2011
Joseph E. Aldy and Robert N. Stavins
Harvard Kennedy School and Harvard University - Harvard Kennedy School (HKS)
Downloads 16 (467,056)

Abstract:

13.

Labor Market Estimates of the Senior Discount for the Value of Statistical Life

Resources for the Future Discussion Paper No. 06-12
Number of pages: 35 Posted: 02 Mar 2006
W. Kip Viscusi and Joseph E. Aldy
Vanderbilt University - Law School and Harvard Kennedy School
Downloads 103 (206,961)
Citation 7

Abstract:

value of statistical life, job risks, senior discount, compensating differentials

14.

Energy and Carbon Dynamics at Advanced Stages of Development: An Analysis of the U.S. States, 1960-1999

RFF Discussion Paper No. 06-13
Number of pages: 28 Posted: 17 May 2006 Last Revised: 26 May 2014
Joseph E. Aldy
Harvard Kennedy School
Downloads 102 (206,961)

Abstract:

Engel curve, environmental Kuznets curve, cubic spline, Kaya identity

15.

Risk Regulation Lessons from Mad Cows

Foundations and Trends in Microeconomics, Forthcoming, Vanderbilt Law and Economics Research Paper No. 13-34, HKS Working Paper No. 13-047
Number of pages: 86 Posted: 21 Nov 2013 Last Revised: 16 Dec 2013
Joseph E. Aldy and W. Kip Viscusi
Harvard Kennedy School and Vanderbilt University - Law School
Downloads 79 (173,264)

Abstract:

mad cow disease, Creutzfeldt-Jacob Disease, vCJD, food safety, regulation, bovine spongiform encephalopathy, BSE, beef, meat safety

Comparing Emissions Mitigation Efforts Across Countries

Center for Global Development Working Paper No. 419
Number of pages: 20 Posted: 02 Dec 2015
William A. Pizer, Joseph E. Aldy and Keigo Akimoto
Duke University, Harvard Kennedy School and Research Institute of Innovative Technology for the Earth
Downloads 40 (352,846)

Abstract:

climate change, emissions mitigation, climate pledges, evaluation, climate change policy

Comparing Emissions Mitigation Efforts Across Countries

Resources for the Future Discussion Paper 15-32
Number of pages: 21 Posted: 14 Jul 2015
Joseph E. Aldy, William A. Pizer and Keigo Akimoto
Harvard Kennedy School, Duke University and Research Institute of Innovative Technology for the Earth
Downloads 34 (375,283)

Abstract:

emissions mitigation, international environmental agreements, modeling analysis, reciprocity, policy surveillance, intended nationally determined contributions

The Competitiveness Impacts of Climate Change Mitigation Policies

Duke Environmental Economics Working Paper No. 12-01
Number of pages: 44 Posted: 20 Jan 2012
Joseph E. Aldy and William A. Pizer
Harvard Kennedy School and Duke University
Downloads 62 (288,595)
Citation 7

Abstract:

The Competitiveness Impacts of Climate Change Mitigation Policies

NBER Working Paper No. w17705
Number of pages: 39 Posted: 31 Dec 2011
Joseph E. Aldy and William A. Pizer
Harvard Kennedy School and Duke University
Downloads 12 (490,075)
Citation 7

Abstract:

18.

Divergence in State-Level Per Capita Carbon Dioxide Emissions

Resources for the Future Discussion Paper No. 06-07
Number of pages: 27 Posted: 07 Feb 2006
Joseph E. Aldy
Harvard Kennedy School
Downloads 55 (294,438)
Citation 5

Abstract:

Markov chain transition matrix, sigma convergence, stochastic convergence, emissions distributions

Designing and Updating a US Carbon Tax in an Uncertain World

HKS Working Paper No. RWP1 7-0 01
Number of pages: 25 Posted: 02 Feb 2017 Last Revised: 09 Mar 2017
Joseph E. Aldy
Harvard Kennedy School
Downloads 35 (371,366)

Abstract:

carbon tax, nationally determined contributions, international environmental agreements, retrospective review

Designing and Updating a US Carbon Tax in an Uncertain World

Resources for the Future Discussion Paper No. 17-01
Number of pages: 25 Posted: 17 Feb 2017 Last Revised: 14 Mar 2017
Joseph E. Aldy
Harvard Kennedy School
Downloads 11 (495,789)

Abstract:

Carbon Tax, Nationally Determined Contributions, International Environmental Agreements, Retrospective Review

20.
Downloads 34 (366,768)
Citation 1

Heterogeneity in the Value of Life

Resources for the Future Discussion Paper No. 14-13
Number of pages: 43 Posted: 23 May 2014
Joseph E. Aldy and Seamus John Smyth
Harvard Kennedy School and Caxton Associates, L.L.C.
Downloads 27 (406,166)
Citation 1

Abstract:

value of statistical life, mortality risk reduction, income elasticity

Heterogeneity in the Value of Life

NBER Working Paper No. w20206
Number of pages: 43 Posted: 16 Jun 2014
Joseph E. Aldy and Seamus Smyth
Harvard Kennedy School and Caxton Associates, L.L.C.
Downloads 7 (517,584)
Citation 1
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Abstract:

21.

Designing a Bretton Woods Institution to Address Climate Change

HKS Working Paper No. RWP12-017
Number of pages: 29 Posted: 20 Mar 2013
Joseph E. Aldy
Harvard Kennedy School
Downloads 32 (345,901)

Abstract:

climate change

22.

Comparability of Effort in International Climate Policy Architecture

HKS Working Paper No. RWP14-006
Number of pages: 61 Posted: 16 Jun 2014
Joseph E. Aldy and William A. Pizer
Harvard Kennedy School and Duke University
Downloads 25 (363,113)

Abstract:

climate change, climate policy

23.

The Crucial Role of Policy Surveillance in International Climate Policy

Resources for the Future Discussion Paper 14-29
Number of pages: 23 Posted: 14 Dec 2014
Joseph E. Aldy
Harvard Kennedy School
Downloads 18 (424,466)

Abstract:

policy surveillance, climate agreements, monitoring, reporting, compliance

The Labor Market Impacts of the 2010 Deepwater Horizon Oil Spill and Offshore Oil Drilling Moratorium

Resources for the Future Discussion Paper 14-27
Number of pages: 46 Posted: 14 Dec 2014
Joseph E. Aldy
Harvard Kennedy School
Downloads 8 (512,322)

Abstract:

oil spill, employment, wages, economic shocks

The Labor Market Impacts of the 2010 Deepwater Horizon Oil Spill and Offshore Oil Drilling Moratorium

NBER Working Paper No. w20409
Number of pages: 46 Posted: 25 Aug 2014
Joseph E. Aldy
Harvard Kennedy School
Downloads 7 (517,584)
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Abstract:

25.

Comparing Emission Mitigation Effort

Number of pages: 23 Posted: 25 Jun 2015
Joseph E. Aldy, William A. Pizer and Keigo Akimoto
Harvard Kennedy School, Duke University and Research Institute of Innovative Technology for the Earth
Downloads 14 (378,069)

Abstract:

emission mitigation, international environmental agreements, modeling analysis, reciprocity, policy surveillance, intended nationally determined contributions

Belt and Suspenders and More: The Incremental Impact of Energy Efficiency Subsidies in the Presence of Existing Policy Instruments

Resources for the Future Discussion Paper 14-34
Number of pages: 60 Posted: 14 Dec 2014
Sébastien Houde and Joseph E. Aldy
Stanford University and Harvard Kennedy School
Downloads 8 (512,322)

Abstract:

Subsidies, Energy Efficiency, ENERGY STAR, Stimulus

Belt and Suspenders and More: The Incremental Impact of Energy Efficiency Subsidies in the Presence of Existing Policy Instruments

NBER Working Paper No. w20541
Number of pages: 60 Posted: 06 Oct 2014
Sébastien Houde and Joseph E. Aldy
Stanford University and Harvard Kennedy School
Downloads 5 (527,731)
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Abstract:

27.

Transparency, Policy Surveillance, and the Comparison of Mitigation Efforts

Resources for the Future Discussion Paper 16-46
Number of pages: 40 Posted: 30 Nov 2016
Joseph E. Aldy, William A. Pizer and Keigo Akimoto
Harvard Kennedy School, Duke University and Research Institute of Innovative Technology for the Earth
Downloads 0 (470,496)

Abstract:

Emissions Mitigation, International Environmental Agreements, Modeling Analysis, Policy Surveillance, Comparability of Effort, Nationally Determined Contributions

28.

Frameworks for Evaluating Policy Approaches to Address the Competitiveness Concerns of Mitigating Greenhouse Gas Emissions

Resources for the Future Discussion Paper 16-06
Number of pages: 30 Posted: 28 Feb 2016
Joseph E. Aldy
Harvard Kennedy School
Downloads 0 (321,460)

Abstract:

border tax, tariffs, leakage, competitiveness, political economy

29.

Policy Surveillance in the G-20 Fossil Fuel Subsidies Agreement: Lessons for Climate Policy

FEEM Working Paper No. 83.2015
Number of pages: 29 Posted: 15 Jan 2016
Joseph E. Aldy
Harvard Kennedy School
Downloads 0 (455,088)

Abstract:

Transparency, Pledge and Review, International Environmental Agreements

30.

Evaluating Mitigation Effort: Tools and Institutions for Assessing Nationally Determined Contributions

HKS Working Paper No. 068
Number of pages: 57 Posted: 17 Nov 2015
Joseph E. Aldy
Harvard Kennedy School
Downloads 0 (370,485)

Abstract:

Climate Change, Environmental Policy, International Economics, Climate Science