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34 Results
Solar panels and wind turbines
Distributed Photovoltaic Power Generation: Possibilities, Benefits, and Challenges for a Widespread Application in the Mexican Residential Sector
This paper assesses the current operational conditions of the Mexican residential electricity sector and examines the potential effects that the massive adoption of distributed photovoltaic power generation (DPV) systems would have on household expenditure and welfare, subsidy reduction, pollution and water resource usage.
Pedro Hancevic, Hector Nuñez, Juan Rosellón September 4, 2017
Transmission towers against a sunset.
Optimal Transmission Planning Under the Mexican New Electricity Market
Mexico's electricity market has engaged in a deep reform process after decades of a state-owned, vertically integrated, noncompetitive closed industry. Using different modeling strategies, the authors of this paper analyze electricity transmission planning under the new industrial and institutional structure, which is characterized by a nodal pricing system and an independent system operator (ISO).
Eric Zenón, Juan Rosellón February 16, 2017
Graph with numbers related to the economy.
The Winner's Curse in Acquisitions of Privately-held Firms
The winner’s curse — overestimating the value of an asset and therefore overpaying — is often associated with acquisitions of publicly-traded firms but not with private acquisitions. Using an event study methodology for over 22,000 private acquisitions of U.S. firms between 1985 and 2015, the authors examine a possible winner’s curse for such acquisitions, testing variables to determine what characteristics make a private company more likely to overestimate the asset's value.
James Brander, Edward J. Egan February 1, 2017