Research

ACCEPTED/PUBLISHED PAPERS

Can Forward Commodity Markets Improve Spot Market Performance? Evidence from Wholesale Electricity (with Frank Wolak). NBER Working Paper No. 25851. Conditionally Accepted at American Economic Journal: Economic Policy.

The Private and External Costs of Germany’s Nuclear Phase-Out (with Stephen Jarvis and Olivier Deschenes). NBER Working Paper No. 26598. Accepted at the Journal of the European Economic Association.

Regulatory Induced Risk Aversion in Coal Contracting at US Power Plants: Implications for Environmental Policy. Journal of the Association of Environmental and Resource Economists (Volume 9, Number 1, January 2022) . Editor’s choice.

Considering the Nuclear Option: Hidden Benefits and Social Costs of Nuclear Power in the U.S. Since 1970 (with David Adler and Edson Severnini). Resource and Energy Economics (Volume 59, February 2020, 101127).

Does Environmental Policy Affect Income Inequality? Evidence from the Clean Air Act (with Peter H. Matthews and Nick Muller). American Economic Association: Papers and Proceedings (Volume 109, May 2019).

Economics and Externalities of Moving Crude Oil by Pipelines and Railroads: Evidence from the Bakken Formation (with Karen Clay, Nick Muller, and Randall Walsh).  Energy Journal (Volume 40, Number 1, January 2019).  NBER Working Paper No. 23852.

Handle with care: The local environmental costs of coal piles at U.S. power plants (with Nick Muller).  Journal of Environmental Economics and Management (Volume 92, November 2018).  NBER Working Paper No. 23417.

The superintendent’s dilemma: Managing school district capacity as parents vote with their feet (with Dennis Epple and Holger Sieg). Quantitative Economics (Volume 9, Issue 1, March 2018).

Does Environmental Policy Affect Scaling Laws Between Population and Pollution?  Evidence from American Metropolitan Areas (with Nick Muller).  PLOS ONE (August 9, 2017).

WORKING PAPERS

Start-up Costs and Market Power: Lessons from the Renewable Energy Transition (with Gordon Leslie). Revisions Requested at the American Economic Review. Winner of the USAEE Best Paper Award.

US Embassy Air Quality Tweets Led to Global Health Benefits (with Andrea La Nauze). Revisions Requested at the Proceedings of the National Academy of Sciences.

Blackouts in the Developing World: The Role of Wholesale Electricity Markets (with Louis Preonas (R) and Fiona Burlig). NBER Working Paper No. 29610.

Impacts of the Clean Air Act on the Power Sector from 1938-1994: Anticipation and Adaptation (with Karen Clay, Joshua Lewis, and Edson Severnini). NBER Working Paper No. 28962. Summary in the NBER Digest.

Dynamic Regulatory Distortions: Coal Procurement at U.S. Power Plants.

Polluting Public Funds: The Effect of Environmental Regulations on Municipal Bonds (with Steve Karolyi and Nick Muller). NBER Working Paper No. 28210.

The Health Costs of Coal-Fired Power Plants in India (with Geoffrey Barrows and Teevrat Garg).

WORK IN PROGRESS

Externalities of Policy-Induced Scrappage: The Case of Automotive Regulations (with Connor R. Forsythe, Jeremy J. Michalek, and Kate S. Whitefoot)

Transmission Constraints and Electricity Trade in India’s Electricity Market (with Fiona Burlig and Louis Preonas).