Showing 1 - 9 of 9
This paper investigates and extends the computationally attractive nonparametric random coefficients estimator of Fox, Kim, Ryan, and Bajari (2011). We show that their estimator is a special case of the nonnegative LASSO, explaining its sparse nature observed in many applications. Recognizing...
Persistent link: https://www.econbiz.de/10012109678
elasticity without the use of consumption or asset data. We find this elasticity on average to be negative, but small. The degree …
Persistent link: https://www.econbiz.de/10011911518
Exploiting exogenous variation in retail fuel prices from a temporary fuel tax discount in Germany, we estimate how the … pass-through of the discount varies over space and time. We draw on daily gasoline prices of virtually all gas stations in …
Persistent link: https://www.econbiz.de/10014582299
Persistent link: https://www.econbiz.de/10013473851
The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008 … elasticity of 0.22 and a units elasticity of 0.25. The study also reveals that geographical constraints partially affect the … housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the …
Persistent link: https://www.econbiz.de/10014228596
We study the role of heterogeneous preferences at the spousal level and that of spousal mutual insurance against wage shocks for couples’ labor supply in a time-use model. We estimate the model for couples in the German Time-Use Survey with Bayesian techniques and generate gender-specific...
Persistent link: https://www.econbiz.de/10015048409
inefficiency in the use of electricity and its determinants. Using stochastic frontier analysis and disaggregated household data …
Persistent link: https://www.econbiz.de/10012308718
of individual appliances to household electricity consumption. Moving beyond the standard focus of estimating mean … contribution of each appliance to the distribution of household electricity consumption. While reflecting correlations, rather than … the opposite tails of the electricity consumption distribution, highlighting the added value of applying quantile …
Persistent link: https://www.econbiz.de/10011764517
Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price …, finding that only those households that are informed about prices are sensitive to price changes, whereas the electricity …, such as improving the transparency of tariffs, thereby increasing the saliency of prices. …
Persistent link: https://www.econbiz.de/10011897241