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, we provide the first estimates of broad-scale welfare and distributional implications of this supply boom. We provide new … estimates of supply and demand elasticities, which we use to estimate the drop in natural gas prices that is attributable to the … supply expansion. We calculate large, positive welfare impacts for four broad sectors of gas consumption (residential …
Persistent link: https://www.econbiz.de/10012457551
Persistent link: https://www.econbiz.de/10000645265
remotely one or more days per week rose more than three-fold in the U.S and by a factor of five or more in Australia, Canada …
Persistent link: https://www.econbiz.de/10014247927
central bank balance sheets. We analyze the experience in seven advanced economies (Australia, Canada, Euro area, New Zealand …
Persistent link: https://www.econbiz.de/10014528361
Using bi-weekly snapshots of Zillow in three US cities, we document how home sellers and buyers interact with Zillow's Zestimate algorithm during the sales cycle of residential properties. We find that listing and selling outcomes respond significantly to Zestimate, and Zestimate is quickly...
Persistent link: https://www.econbiz.de/10013172179
The COVID-19 pandemic has necessitated the adoption of a number of policies that aim to reduce the spread of the disease by promoting housing stability. Housing precarity, which includes both the risk of eviction and utility disconnections or shut-offs, reduces a person's ability to abide by...
Persistent link: https://www.econbiz.de/10012482612
Stable housing is critical for health, employment, education, and other social outcomes. Evictions reflect a form of housing instability that is experienced by millions of Americans each year. Inadequately treated psychiatric disorders have the potential to influence evictions in several ways....
Persistent link: https://www.econbiz.de/10013477258
Access to safe and stable housing is important for child and adult wellbeing. Yet many low-income households face severe challenges in maintaining stable housing. In this paper we examine the impact of the 2021 temporary expansion to the Child Tax Credit (CTC) on the living arrangements and...
Persistent link: https://www.econbiz.de/10014322727
We present a new framework to identify demand and supply elasticities of agricultural commodities using yield shocks … using current-period shocks that give rise to exogenous shifts in supply. Supply is identified using past shocks, which … extremely inelastic, price response is muted by a significant supply response that is obscured if futures prices are not …
Persistent link: https://www.econbiz.de/10012462730
Understanding the sensitivity of gasoline demand to changes in prices and income has important implications for policies related to climate change, optimal taxation and national security, to name only a few. While the short-run price and income elasticities of gasoline demand in the United...
Persistent link: https://www.econbiz.de/10012466135