Current Events: The Effects of Electricity Deregulation on State Economies*
研究发现美国电力放松管制降低了电价，提高了住房价格和住房市场活跃度，但降低了工资，且与就业创造无关。
Abstract. Panel regressions indicate that state electricity deregulation in the US is associated with higher housing prices, increased activity in the housing market, and lower wages, all of which are consistent with a model of compensating differentials wherein deregulation (which is shown to indeed lower electricity prices) increased the utility of state residents. On the other hand, there is no link between deregulation and job creation.