Suppressed prices in real-time markets provide inadequate incentives for both generation investment and active participation by demand…
This paper tests for incentive and selection effects in a subprime consumer credit market. We estimate the incentive effect of loan size on…
Around the world the idea of “austerity” is fiercely debated. The various strengths and weaknesses of the global economy make opportune a…
Since the election, American public policy debate has been focused on prospective budget deficits and what can be done to reduce them. The…
Last week, Governor Patrick proposed increasing the income tax and eliminating over $1.25 billion worth of deductions to “support our…
The American Recovery and Reinvestment Act included more than $90 billion in strategic clean energy investments intended to promote job…
Book abstract: Regulatory Breakdown: The Crisis of Confidence in U.S. Regulation brings fresh insight and analytic rigor to what has become…
By analyzing the institutions that have been created to stimulate energy technology innovation in the United States, the United Kingdom,…