Market Conditions and Persistence in Authorized Utility Returns
I compare financial conditions and previous awards in 533 utility rate-case observations. The study combines source records, panel regressions and a test on later decisions.
Research
My current empirical project studies authorized utility returns. I use financial data and original regulatory decisions to examine persistence across cases.
Research interests
Financial and regulatory economics
How commissions set allowed utility returns, how financial conditions enter those decisions, and how regulation affects valuation.
Behavioral economics
How people use information, respond to incentives and apply strategic reasoning in practice.
Development finance and policy
How institutions allocate resources and shape economic opportunities, with particular interest in Bangladesh.