Edward A. Rubin
Department of Economics
University of Oregon
1285 University of Oregon
Eugene, OR 97403-1285
Institutional Affiliation: University of Oregon
NBER Working Papers and Publications
|February 2019||Bringing Satellite-Based Air Quality Estimates Down to Earth|
with Meredith Fowlie, Reed Walker: w25560
We use state-of-the-art, satellite-based PM2.5 estimates to assess the extent to which the EPA's existing, monitor-based measurements over- or under-estimate true exposure to PM2.5 pollution. Treating satellite-based estimates as truth implies a substantial number of "policy errors"—over-regulating areas that comply with air quality standards and under-regulating other areas that appear to violate standards. We investigate the health implications of these apparent errors and highlight the importance of accounting for prediction error in satellite-based estimates. Uncertainty in "policy errors" increases substantially when we account for these underlying prediction errors.
Published: Meredith Fowlie & Edward Rubin & Reed Walker, 2019. "Bringing Satellite-Based Air Quality Estimates Down to Earth," AEA Papers and Proceedings, vol 109, pages 283-288.
|February 2018||Natural Gas Price Elasticities and Optimal Cost Recovery Under Consumer Heterogeneity: Evidence from 300 million natural gas bills|
with Maximilian Auffhammer: w24295
Half of American households heat their homes with natural gas furnaces and 43% use it to heat their water. Hence, understanding residential natural gas consumption behavior has become a first-order problem. In this paper, we provide the first ever causally identified, microdata-based estimates of residential natural gas demand elasticities using a panel of approximately 300 million bills in California. To overcome multiple sources of endogeneity, we employ a two-pronged empirical strategy: (1) we exploit a discontinuity along the border between two major natural-gas utilities in conjunction with (2) an instrumental variables strategy based upon the differences in the utilities’ rules/behaviors for internalizing changes in the upstream natural gas spot market. We estimate that the elasticit...