In federal countries the allocation of renewable energy (RE) deployment is simultaneously regulated by national and subnational governments. We analyze the efficiency of federal coregulation when different types of policy instruments - price and quantity - are assigned to government levels....

The objective of this paper is to empirically examine the effects of a tuition price regulation in a centralized college admissions system. I study a price reform that affected the engineering college market in the Indian state of Andhra Pradesh. The policy led the government to abolish...

Regulators often impose price floors to protect producers from suspected oligopsony power. However, if price floors are set too high, traded quantities and market efficiency fall. We study the threshold from which price floors are set too high in markets with intermediaries. A theoretical model...

Price regulation can lead to large distortions in outcomes, particularly unintended environmental consequences. This paper uses the imposition of a U.S. wellhead natural gas price ceiling from 1954-1989 as a setting to estimate these environmental impacts. Using a microdata-based approach to...