One fundamental question of economics is how consumers respond to price variation in the long run, with applications across a variety of fields. But there is a dearth of causally-identified long-run elasticity estimates, due to challenging empirical …
With the U.S. Environmental Protection Agency, we developed a machine learning model to predict sites where inspections would uncover severe violations of hazardous waste regulations. We estimate that using our model to target inspections will …
The U.S. power system faces a 2035 decarbonization target though the exact pathway to the target remains unclear. Policy instruments, like carbon taxes and forcing coal plants to retire through various mechanisms, could help achieve the target. It is …
In electricity markets, generators are rewarded both for providing energy and for enabling grid reliability. The two functions are compensated with two separate payments: energy market payments and ancillary services market payments. We provide …