NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

A Microeconomic Framework for Evaluating Energy Efficiency Rebound And Some Implications

Severin Borenstein

NBER Working Paper No. 19044
Issued in May 2013

---- Acknowledgements -----

I benefited from discussions with Carl Blumstein, Lucas Davis, Paul Joskow, Chris Knittel, David Rapson, Alan Sanstad, Catherine Wolfram and seminar participants at U.C. Berkeley's Energy \& Resources Group colloquium and the 18th annual POWER conference. Patrick Baylis provided excellent research assistance, as well as valuable comments. This research was supported in part under a research contract from the California Energy Commission to the Energy Institute at Haas. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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