Steve Cicala
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View article: Data and Code for: Restructuring the Rate Base
Data and Code for: Restructuring the Rate Base Open
While electricity market restructuring appears to have lowered generation costs, it does not seem to have benefitted consumers. Where did the savings go? This paper evaluates whether the downstream transmission and distribution (T&D) utili…
View article: Center for Responsive Politics Category Code to NAICS crosswalk
Center for Responsive Politics Category Code to NAICS crosswalk Open
This is an unmaintained, poorly documented crosswalk made in 2009 to connect the category codes from the Center for Responsive Politics (opensecrets.org) to industry NAICS codes. It may prove useful as a starting point for an updated cross…
View article: Imperfect Markets versus Imperfect Regulation in US Electricity Generation
Imperfect Markets versus Imperfect Regulation in US Electricity Generation Open
This paper evaluates changes in electricity generation costs caused by the introduction of market mechanisms to determine production in the United States. I use the staggered transition to markets from 1999 to 2012 to estimate the causal i…
View article: Data and Code for: When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation: Reply
Data and Code for: When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation: Reply Open
The average effect of deregulatory policies on fuel prices at coal-fired power plants is strongly influenced by plants that were initially paying the highest prices for fuel. Primary sources document that these plants were locked into long…
View article: The Incidence of Extreme Economic Stress: Evidence from Utility Disconnections
The Incidence of Extreme Economic Stress: Evidence from Utility Disconnections Open
This paper uses monthly zip code-level data on electricity disconnections to document the socioeconomic correlates of extreme economic distress among 5 million customers in Illinois.In 2018-2019, customers in Black and Hispanic zip codes w…
View article: Expected Health Effects of Reduced Air Pollution from COVID-19 Social Distancing
Expected Health Effects of Reduced Air Pollution from COVID-19 Social Distancing Open
The COVID-19 pandemic resulted in stay-at-home policies and other social distancing behaviors in the United States in spring of 2020.This paper examines the impact that these actions had on emissions and expected health effects through red…
View article: Regulating Markups in US Health Insurance
Regulating Markups in US Health Insurance Open
A health insurer's Medical Loss Ratio (MLR) is the share of premiums spent on medical claims, or the inverse markup over average claims cost. The Affordable Care Act introduced minimum MLR provisions for all health insurance sold in fully …
View article: Replication data for: Regulating Markups in US Health Insurance
Replication data for: Regulating Markups in US Health Insurance Open
A health insurer's Medical Loss Ratio (MLR) is the share of premiums spent on medical claims, or the inverse markup over average claims cost. The Affordable Care Act introduced minimum MLR provisions for all health insurance sold in fully …
View article: Cost of Service Regulation in U.S. Health Care: Minimum Medical Loss Ratios
Cost of Service Regulation in U.S. Health Care: Minimum Medical Loss Ratios Open
A health insurer's Medical Loss Ratio (MLR) is the share of premiums spent on medical claims.The Affordable Care Act introduced minimum MLR provisions for all health insurance sold in fully-insured commercial markets, thereby capping insur…
View article: Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation
Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation Open
This paper measures changes in electricity generation costs caused by the introduction of market mechanisms to determine output decisions in service areas that were previously using commandand-control-type operations.I use the staggered tr…
View article: When Does Regulation Distort Costs? Lessons from Fuel Procurement in US Electricity Generation
When Does Regulation Distort Costs? Lessons from Fuel Procurement in US Electricity Generation Open
This paper evaluates changes in fuel procurement practices by coal-and gas-fired power plants in the United States following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated p…
View article: Replication data for: When Does Regulation Distort Costs? Lessons from Fuel Procurement in US Electricity Generation
Replication data for: When Does Regulation Distort Costs? Lessons from Fuel Procurement in US Electricity Generation Open
This paper evaluates changes in fuel procurement practices by coal and gas-fired power plants in the United States following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated p…