Nicholas Ryan's research concerns environmental regulation and energy markets in developing countries. Energy use enables high standards of living but rapid, energy-intensive growth has caused many environmental problems in turn. Nick studies how firms' energy use and pollution emissions respond to regulation and market incentives. His work includes empirical studies of the effect of power grid capacity on electricity prices, how firms make decisions about energy-efficiency and how environmental regulation can be designed to best abate pollution at low social cost. He has undertaken this research through partnerships with environmental regulators and private firms in India.
Nick has been a Prize Fellow in Economics since the 2012-13 academic year. He received a PhD in Economics from the Massachusetts Institute of Technology in 2012 and graduatedsumma cum laude from the University of Pennsylvania with a Bachelors degree in Economics. He previously worked as a Research Associate in the Capital Markets group at the Federal Reserve Board of Governors in Washington, D.C.