John Parsons

Senior Lecturer / MBA Program Finance Track Head
Executive Director, Center for Energy and Environmental Policy Research

Biography | Selected Publications

“Black Gold & Fool’s Gold: Speculation in the Oil Futures Market.” Center for Energy and Environmental Policy Research Working Paper #09-013, September 2009. (2009/09)

“Nuclear Fuel Recycling - the Value of the Separated Transuranics and the Levelized Cost of Electricity.” With Guillaume De Roo. Center for Energy and Environmental Policy Research Working Paper #09-008, September 2009 (2009/09)

Update on the Cost of Nuclear Power with Yangbo Du. Center for Energy and Environmental Policy Research Working Paper #09-004, May 2009. (2009/05)

"Designing a U.S. Market for CO2," Journal of Applied Corporate Finance 21(1), Winter 2009. (2009/01)

Do Trading and Power Operations Mix? The Case of Constellation Energy Group 2008. Center for Energy and Environmental Policy Research Working Paper #08-014, November 2008. (2008/11)

Market Power and Electricity Market Reform in Northeast China. Center for Energy and Environmental Policy Research Working Paper #08-001, January 2008. (2008/01)

"Uncertainty in Greenhouse Emissions and Costs of Atmospheric Stabilization," Joint Program on the Science and Policy of Global Change,  Report #165, November (2008). (2008)

"Using Futures Prices to Filter Short-term Volatility and Recover a Latent, Long-term Price Series for Oil." With Miguel Herce and Robert C. Ready. Center for Energy and Environmental Policy Research Working Paper #06-005, April 2006. (2006/04)

Hedging and Liquidity, with Antonio S. Mello. Review of Financial Studies 13, No. 1 (Spring 2000): 127-53. (2000/04)

Strategic Hedging, with Antonio S. Mello. Journal of Applied Corporate Finance 12, No. 3 (Fall 1999): 4362. (1999/09)

"Alternative Models of Uncertain Commodity Prices for Use with Modern Asset Pricing Methods", with M. Baker, and S. Mayfield, The Energy Journal, January 1998. (1998/01)

"An Integrated Model of Multinational Flexibility and Financial Hedging", with Antonio S. Mello and Alexander J. Triantis, Journal of International Economics, August 1995. (1995/08)

"Hedging a Flow of Commodity Deliveries with Futures: Problems with a Rolling Stack", with Antonio S. Mello, Derivatives Quarterly, Summer 1995. (1995/07)

Maturity Structure of a Hedge Matters: Lessons from the Metallgesellschaft Debacle, with Antonio S. Mello. Journal of Applied Corporate Finance, Vol. 8, No. 1, 1995, pp 106120.

“The Maturity Structure of a Hedge Matters: Lessons from the Metallgesellschaft Debacle.” With A. Mello. Journal of Applied Corporate Finance 8, No. 1 (Spring 1995): 106–120. Reprinted, R. Schwartz and C. Smith (eds.) Derivatives Handbook: Risk Management and Control, New York: John Wiley (1997) and in C. Culp and M. Miller (eds.) Corporate Hedging in Theory and Practice, London: RISK Books (1999).

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Contact Information
Office: E62-684
Tel: (617) 324-3745
Fax: (617) 253-9845
Support Staff
Name: Rianna Allen
Tel: (617) 452-3417
Group(s)

Research Center(s)

General Expertise
Capital budgeting; Climate policy; Corporate diversification; Corporate finance; Corporate strategy and policy; Derivatives; Dividend policy; Emissions trading; Energy; Environment; Environmental economics; Environmental policy; Finance; Financial engineering; Financial markets; Gas; Hurdle rates; Nuclear power; Oil; Public utilities; Risk management; Securities and Exchange Commission