Erte Xiao

MonLEE Monash Laboratory for Experimental Economics OLS Ordinary Least Squares T&X Tiezzi and Xiao (2016) 1 INTRODUCTION There is broad consensus among economists that a well-designed carbon tax is the most efficient instrument for mitigating climate change (Rausch & Reilly, 2015). In practice, however, the adoption of carbon taxes has been slow, largely due to fragile public support, which undermines their political viability.

Despite all the public attention and effort directed at breaking the glass ceiling, the proportion of women in leadership roles around the world remains disappointingly low. According to a 2017 survey by Catalyst, the non-profit organisation promoting workplace gender equality, although 44.3 per cent of the global labour force in S&P 500 companies that trade on American stock exchanges are women, only about 25.1 per cent of senior-level managers are female.