Catherine Wolfram
	Associate Professor
	Phone: (510) 642-2588     Fax: (510) 643-1420  Email: wolfram@haas.berkeley.edu
	Office Hours: By appointment

EDUCATION

• Ph.D., Economics, Massachusetts Institute of Technology (MIT)
• A.B., Economics, Harvard University

• Regulation of business
• Energy and environmental economics
• Electricity industry restructuring

• Recipient, Cheit Award for Best Teacher in Haas Evening MBA Program (2006, 2008)

PROFESSIONAL ACTIVITIES

Co-Director, Energy Institute at Haas

Faculty Scientist, Environmental Energy Technologies Division, Lawrence Berkeley National Laboratory

Research Associate, National Bureau of Economic Research

Member, National Academy of Sciences Committee on the Effects of Provisions in the Internal Revenue Code on Greenhouse Gas Emissions

Board of Editors, The Energy Journal

Associate Editor, Journal of Industrial Economics

Associate Editor, RAND Journal of Economics

• “Enforcement of Vintage Differentiated Regulations: The Case of New Source Review,” with James Bushnell. Forthcoming, Journal of Environmental Economics and Management. Online article. Data appendix.

• "Deregulation, Consolidation and Efficiency: Evidence from U.S. Nuclear Power," with Lucas Davis. Forthcoming, American Economic Journal: Applied Economics.

• "Dynamic Pricing of Electricity," with Paul Joskow. Forthcoming, American Economic Review, Papers and Proceedings.

• “Work Environment and `Opt-Out' Rates at Motherhood Across High-Education Career Paths,” with Jane Leber Herr. Forthcoming, Industrial and Labor Relations Review.

• "How Will Energy Demand Develop in the Developing World?" with Orie Shelef and Paul Gertler, Journal of Economic Perspectives, 2012, Vol. 26 (Winter): 119-138.

• “Sacred Cars? Cost-Effective Regulation of Stationary and Non-stationary Pollution Sources,” with Meredith Fowlie and Christopher Knittel, American Economic Journal: Economic Policy, 2012, Vol. 4 (February): 98-126.

• "Local Solutions to Global Problems: Climate Change Policies and Regulatory Jurisdiction," with James Bushnell and Carla Peterman, Review of Environmental Economics and Policy, 2008, Vol. 2 (Summer): 175-193.

• “Inefficiencies and Market Power in Financial Arbitrage: A Study of California’s Electricity Markets,” with Severin Borenstein, James Bushnell, and Christopher Knittel, Journal of Industrial Economics, 2008, Vol.56 (June): 347-378.

• "Do Markets Reduce Costs? Assessing the Impact of Regulatory Restructuring on U.S. Electric Generation Efficiency” with Kira Fabrizio and Nancy Rose, American Economic Review, 2007, Vol. 97 (September): 1250-1277.

  • Technical appendix.

  • Data files.

• “Coordinating on Lower Prices: Pharmaceutical Pricing under Political Pressure,” with Sara Fisher Ellison, RAND Journal of Economics, 2006, Vol. 37 (Summer): 325-341.

• “Regulating Executive Pay: Using the Tax Code to Influence Chief Executive Officer Compensation,” with Nancy L. Rose, Journal of Labor Economics, 2002, Vol. 20 (April): S138-S175.

• "Why Do Manufacturers Issue Coupons? An Empirical Analysis of Breakfast Cereals," with Aviv Nevo, RAND Journal of Economics, 2002, Vol. 33 (Summer): 319-339.

• “Has the “Million-Dollar Cap” Affected CEO Pay?” with Nancy Rose, American Economic Review Papers and Proceedings, 2000, Vol. 90 (May): 197-202.

• "Measuring Duopoly Power in the British Electricity Spot Market," American Economic Review, 1999, Vol. 89 (September): 805-826.

• "Strategic Bidding in a Multiunit Auction: An Empirical Analysis of Bids to Supply Electricity in England and Wales," RAND Journal of Economics, 1998, Vol. 29 (Winter): 703-725.

• "Increases in Executive Pay Following Privatization," Journal of Economics and Management Strategy, 1998, Vol. 7 (Fall): 327-361 (lead article).

• “Decomposing the Sources of Incumbency Advantage in the U.S. House,” with Steven D. Levitt, Legislative Studies Quarterly, 1997, Vol. 22 (February): 45-60.

 

• "Political Constraints on Executive Compensation: Evidence From the Electric Utility Industry," with Paul Joskow and Nancy Rose, RAND Journal of Economics, 1996, Vol. 27 (Spring): 165-182.

 

• "Fighting Climate Change with Low-Tech Tools," Bloomberg Business Class, May 20, 2012

• "Rising Middle Class Fuels Global Energy Surge," Bloomberg Business Class, Jan. 17, 2012

• “The Guy at the Controls: Labor Quality and Power Plant Efficiency,” with James Bushnell, in Richard Freeman and Kathryn Shaw, eds., International Differences in the Business Practices and the Productivity of Firms. University of Chicago Press, 2009. (Pictures of our data collection process: turbine hall, control room.)

• Book review of The Unsustainable Costs of Partial Deregulation, by Paul W. MacAvoy, Journal of Economic Literature, 2008, Vol. 46 (December): 1030-1032.

• “Electricity Markets,” with James Bushnell, forthcoming in S. N. Durlauf and L. E. Blume, eds., The New Palgrave Dictionary of Economics.

• “The Efficiency of Electricity Generation in the U.S. After Restructuring,” in James Griffin and Steve Puller, eds., Electricity Deregulation: Choices and Challenges. University of Chicago Press, 2005.

• “Pricing Security,” with L. Jean Camp, in L. Jean Camp and Stephen Lewis, eds., Economics of Information Security, vol. 12, Advances in Information Security. Springer-Kluwer, 2004.

• “Comments on 'The Adoption and Impact of Advanced Emergency Response Services'," by Susan Athey and Scott Stern, and “Comments on 'Comparing Hospital Quality at For-Profit and Not-for-Profit Hospitals'," by Mark McClellan and Douglas Staiger, in David Cutler, ed., The Changing Hospital Industry. University of Chicago Press, 2000.

• “Electricity Markets: Should the Rest of the World Adopt the United Kingdom’s Reforms?" Regulation, 1999, Vol. 22, (4): 48-53.

• "Poverty, Growth and the Demand for Energy," with Paul Gertler, Orie Shelef and Alan Fuchs.

• "Cursed Resources? Political Conditions and Oil Market Outcomes," with Gilbert Metcalf.

• "California’s Greenhouse Gas Policies: How Do They Add Up?" with James Bushnell and Carla Peterman. Revise and resubmit, Energy Journal.

• “Consumption and Changes in Home Energy Costs: How Prevalent is the ‘Heat or Eat’ Decision?” with Julie Cullen and Leora Friedberg.

• “Ownership Change, Incentives and Plant Efficiency: The Divestiture of U.S. Electric Generation Plants” with James Bushnell.

• The Design and Implementation of U.S. Climate Policy, edited with Don Fullerton.

PRESENTATIONS

• “Policies to Address Climate Change: Opportunities and Challenges,” State-of-the-Art Lecture to the Canadian Economics Association, June 7, 2008, University of British Columbia.
   

My curriculum vitae is available in html or pdf format.