This paper quetions whether or not mandatory unbundling delayed DSL deployment by BellSouth. By exploiting a law change in Kentucky and variation in access prices across markets, I find that deregulation in Kentucky triggered deployment, but no evidence that access prices affected deployment...

In today’s energy economy, hydrogen is primarily used in the petroleum refining and petrochemical industries. The dominant technology for generating hydrogen is Steam Methane Reforming (SMR), which uses natural gas as both feedstock and fuel. In the much-discussed future hydrogen economy,...

An important element in considering school finance policies is that households are not passive but instead respond to policies. Household behavior is especially important in considering how households affect the spatial structure of metropolitan areas where different jurisdictions incorporate...

More than twelve years have elapsed since China began its efforts to enact a comprehensive antitrust law. Today, drafts of the law are still being debated. Such a protracted legislative process is highly unusual in China, and can only be explained by the controversy the draft law generates....

The ongoing debate about possible implementation of regulatory rules requiring “network neutrality” for wireless telecommunications services is inherently about whether to impose a prohibition on the ability of network operators to control their vertical relationships. Antitrust analysis is...

We study the extent to which religious activity responds to the presence and activity of other religions. Specifcally, we employ individual-level survey data and county-level expenditure data to examine the extent to which Hanukkah celebration among U.S. Jews is driven by the presence of...

Dynamic discrete choice panel data models have received a great deal of attention. In those models, the dynamics is usually handled by including the lagged outcome as an explanatory variable. In this paper we consider an alternative model in which the dynamics is handled by using the duration in...

Federal action addressing climate change is likely to emerge either through new legislation or via the U.S. EPA’s authority under the Clean Air Act. The prospect of federal action raises important questions regarding the interconnections between federal efforts and state-level climate policy...

Personal bankruptcies in the United States have increased dramatically, rising from 1.4 per thousand working age population in 1970 to 8.5 in 2002. We use a heterogeneous agent life-cycle model with competitive financial intermediaries who can observe households’ earnings, age and current...