NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Regulating Mismeasured Pollution: Implications of Firm Heterogeneity for Environmental Policy

Eva Lyubich, Joseph S. Shapiro, Reed Walker

NBER Working Paper No. 24228
Issued in January 2018, Revised in April 2018

---- Acknowledgments ----

We thank our discussant Matilde Bombardini, Nate Aden, Jevan Cherniwchan, Sharat Ganapati, Sam Kortum, Arthur van Benthem, and Katherine Wagner for useful comments, and Matt Fiedler for sharing code. Shapiro thanks NSF SES-1530494 and a Yale Weyerhaeuser Research Grant for generous support. All results have been reviewed by the U.S. Census Bureau to ensure that no confidential information is disclosed. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Joseph S. Shapiro ----

I have no relevant or material financial interests that relate to the research described in the paper. I gratefully acknowledge additional financial support from the Alfred P. Sloan Foundation, the Department of Energy, and the National Science Foundation.

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