International Trade in Used Cars: A Threat For The Climate, An Opportunity For Global Redistribution?

Reducing carbon emissions from transportation is particularly challenging because cars are durable goods with lifetimes spanning two decades, multiple owners and different countries. Developing countries, which account for a growing share of the global vehicle stock, often acquire used cars from higher-income countries. This trade pattern creates spillover effects from unilateral green policies, with significant environmental and redistributive consequences. This paper develops a dynamic trade model of durable consumption goods with income inequality between and within countries. I can quantify the emission leakage and the welfare effects in both countries on a transition path.

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Labor Reallocation Costs and Energy Consumption in French Manufacturing (work in progress)

On the path to a green transition, some workers are likely to change job, firm or even sector. How costly is such a reallocation process? I look at workers displaced in mass layoff events and compare their trajectories depending on the energy consumption of the firm they have left.

Resisting Creative Destruction: Industry Dynamics With Dominant Firms

with Paolo Mengano and Julian Schärer

(draft available upon request)