Dr. Daniel Karney
The Economics Seminar series presents Dr. Daniel Karney on Oct. 7 at 3 p.m. in the Bentley Annex 302 Conference Room.
Karney will discuss “Uncovering state-level heterogeneity: The case of U.S. residential electricity demand.”
He is Assistant Professor of Economics at Ohio University.
Abstract: This paper employs recently developed panel estimators to uncover state-level heterogeneity in U.S residential electricity demand elasticities. The common correlated effects estimation and cross-sectionally augmented distributed lag estimation procedures yield consistent state-specific elasticity estimates and produce a national estimate. Allowing for state-level heterogeneity economically affects policy analysis; for instance, if residential electricity prices rise due to forthcoming U.S. climate policy, then aggregate consumer surplus falls more with state-specific elasticities compared to a single, national elasticity value. The empirical technique highlighted measures heterogeneity in settings with limited cross-sectional units but a large time dimension.
Upcoming Seminars
The seminars are on Fridays from 3 to 4 p.m. in the Bentley Annex 302 Conference Room.
Sept. 23—Cortney Rodet, Ohio University, “Poor Institutions as a Comparative Advantage”
Sept. 30—Gregory DeAngelo, West Virginia University
Oct. 7—Daniel Karney, Ohio University
Oct. 21—Phuong Ngo, Cleveland State University
Oct. 28—Yashar Heydari, Ohio University
Nov. 4—Trevon Logan, Ohio State University
Dec. 2—Philipp Lergetporer, Ifo Institute for Economic Research
Jan. 13—Will Neilson, University of Tennessee
Feb. 17—Nick Dadzie, Ohio University
Feb. 24—Glenn Dutcher, Ohio University
March 3—Luke Fitzpatrick, Ohio University
March 17—Klara Peter, North Carolina—Chapel Hill
March 24—Matt McGill, Ohio University
April 7—Mehrnoush Shahhosseini, University of San Francisco
April 14—Olga Belskaya, Ohio University
April 21—Rania Gihleb, Pittsburgh University
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