Gillingham Kenneth, Rapson David and Wagner Gernot

The paper clarifies what the rebound effect is, and provides a guide for economists and policymakers interested in its magnitude ; it describes how some papers in the literature consider the rebound effect from a costless exogenous increase in energy efficiency, while others examine the effects of a particular energy efficiency policy ; it  presents the most reliable evidence available quantifying the energy efficiency rebound, and discuss areas where estimation is extraordinarily difficult.