Ignacia Mercadal
I am an assistant professor in the Department of Economics at the University of Florida. My research focuses on industrial organization and energy economics. Before joining UF, I was an assistant professor at Columbia University and a postdoctoral fellow at MIT. I received my Ph.D. in Economics from the University of Chicago. Here is my CV.
Working Papers
Do Markets Reduce Prices? Evidence from the U.S. Electricity , with Alexander MacKay (SSRN, MIT CEPR Working Paper) (Previously circulated as "Shades of Integration: The Restructuring of the U.S. Electricity Markets"). Revisions requested, Journal of Political Economy Microeconomics
The Role of Strategic Behavior During Extreme Weather Events: The Case of Winter Storm Uri, with John Birge, Ali Hortaçsu, and Michael Pavlin
The Role of Vertical Market Structure on Subsidy Incidence: The Case of Agricultural Markets, with Gunnar Heins
Publications
Dynamic Competition and Arbitrage in Electricity Markets: The Role of Financial Players (2022), AEJ: Microeconomics, 14 (3): 665-99. (SSRN)
Estimating Electricity Distribution Costs Using Historical Data (2021), with Noah Rauschkolb, Natalie Limandibhratha, and Vijay Modi, Utilities Policy, 73.
Limits to Arbitrage in Electricity Markets: A Case Study of MISO (2018), with John Birge, Ali Hortaçsu, and Michael Pavlin. Energy Economics 75, 518-533
Contact:
ignaciamercadal@gmail.com, imercadal@ufl.edu
University of Florida
Department of Economics
PO Box 117140, 332 MAT
Gainesville, FL 32611