Requiring energy efficiency building codes raises housing prices (or the monthly rental equivalent), but theoretically this effect might be fully offset by reductions in household energy expenditures. Whether there is a full compensating differential or how much households are paying implicitly...

This paper estimates the marginal willingness to pay for climate amenity in the US using hedonic pricing and wage models. Research identifies that higher January temperatures are an amenity and households are willing to pay approximately US$5.90 ($2004) per month for a 1°F increase in the...

This study estimated the effects of energy-efficiency building codes—IECC 2003 and IECC 2006—in residential energy consumption, using the American Community Survey 2007. This study detected violations of the assumption of independence of observation, corrected them by applying a hierarchical...