Economics of energy markets.

PositionConferences

An NBER conference, "Economics of Energy Markets," took place in Washington, D.C., on May 24. The meeting was supported by the U.S. Department of Energy and the National Science Foundation. It was organized by Research Associates Meredith Fowlie of the University of California, Berkeley and Christopher R. Knittel of MIT. These researchers' papers were presented and discussed:

* Joseph E. Aldy, Harvard University and NBER, "Boutique Fuel Markets and Security-Environment-Economic Tradeoffs"

* Christiane J.S. Baumeister, University of Notre Dame; Reinhard Ellwanger, Bank of Canada; and Lutz Kilian, University of Michigan, "Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol?"

* Gabriel E. Lade and Ivan J. Rudik, Iowa State University, "The Costs of Inefficient Regulation: Evidence from the Bakken"

* Sebastien Houde, University of Maryland, and Erica Myers, University of Illinois at Urbana-Champaign, "Quantifying Inattention to Local Energy Prices: A Novel Approach and New Evidence for Nine Appliance Markets"

* Steven E. Sexton and Bryan Bollinger, Duke University...

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