In Residence at PERC: July 29th – August 2nd, 2019
Research Topic: How property markets capitalize on flood risk
Sheila Olmstead is as an Associate Professor of Public Affairs at the Lyndon B. Johnson School of Public Affairs at the University of Texas, Austin. Her research interests cover environmental and natural resource economics and policy, with a focus on water, energy, and wildfire. Olmstead’s research has been published in leading journals such as the Journal of Economic Perspectives, Proceedings of the National Academy of Sciences, Journal of Business and Economic Statistics, Journal of Environmental Economics and Management, and Water Resources Research. With Nathaniel Keohane, she is the author of the 2007 book Markets and the Environment.
Before joining the LBJ School, Olmstead was a Fellow (2010 – 2013) and Senior Fellow (2013) at Resources for the Future in Washington, D.C., as well as an Associate Professor (2007 – 2010) and an Assistant Professor (2002 – 2007) of Environmental Economics at the Yale University School of Forestry and Environmental Studies. Olmstead visited PERC as a Lone Mountain Fellow (2014) and a Julian Simon Fellow this past summer, and will return to fulfill the Fellowship next summer. A prolific scholar, Olmstead’s broad research interests deepen PERC’s reputation for understanding the application of market-based environmental policy instruments.