This paper quantifies and decomposes recent trends in U.S. PM2.5 disparities from the electricity sector using a high …-resolution pollution transport model. Between 2000-2018, PM2.5 concentrations from electricity fell by 89% for the average individual, more … dramatic convergence: since 2000, the Black-White PM2.5 disparity from electricity has narrowed by 95% and the Hispanic …

This paper is a comparative study of the responses to the 1995 Wharton School survey of derivative usage among US non … derivative usage is most common, followed closely by interest rate derivatives, with commodity derivatives a distant third. In … contrast to the similarities, firms in the two countries differ notably on issues such as the primary goal of hedging, their …

We study how risk management through hedging impacts firms and competition among firms in the life insurance industry … face costly external finance increase hedging after staggered state-level financial reform that reduces the costs of … hedging. Post reform impacted firms have lower risk and fewer negative income shocks. Product market competition is also …

, focusing on short-term gains but risking further losses if rates rose. Instead of hedging the market value risk of bank asset …

Electricity is a general purpose technology and the catalyst for the second industrial revolution. Developing countries … with the length of higher-voltage electricity lines. Instrumenting for electrification using hydroelectric potential, we …

-industry variation in pre-electricity energy intensity combined with geographic variation in proximity to early hydroelectric power …We use city-industry data from 1890 to 1940 to identify the impact of electricity on manufacturing. We exploit cross … plants. Labor productivity gains from the arrival of electricity were rapid and long-lasting. Electricity was labor …

In this paper, we quantify the difference between public and private prices of residential electricity immediately … sample of large, urban markets. Based on new data covering over 15,000 markets and nearly all electricity generated for … electricity prices during this period. That is, private rents were mitigated by the threat that municipalities would use public …

-protecting adaptations to high temperatures. The second part of the paper examines the private and external costs of electricity generation …. Extreme temperatures increase electricity demand in the residential sector (relative to moderate temperatures), but not in the … commercial, industrial, and transportation end-use sectors. The additional electricity demand in response to high temperatures …

We evaluate distributional and efficiency consequences of the bulk power clean electricity tax credits authorized by … the 2022 Inflation Reduction Act. To do so, we link detailed electricity capacity expansion, computable general … analyzed the bulk power tax credits lead to increased clean electricity technology deployment resulting in a reallocation of …