This article examines how the shale oil revolution has shaped the evolution of U.S. crude oil and gasoline prices. It … on the determination of U.S. oil and gasoline prices. It discusses the reasons for the persistent wedge between U … have not translated to lower U.S. gasoline prices. It also examines the role of shale oil in causing the 2014 oil price …

Least-squares estimates of the response of gasoline consumption to a change in the gasoline price are biased toward … zero, given the endogeneity of gasoline prices. A seemingly natural solution to this problem is to instrument for gasoline … prices using gasoline taxes, but this approach tends to yield implausibly large price elasticities. We demonstrate that …

This study examines if couples time their work hours and how this work timing influences child care demand and the time … small. Finally, work timing behavior affects the demand for informal child care, but not the demand for formal child care …

In this paper we explore the role that demand uncertainty plays for the offshoring decision, and the role that … demand. The presence of a cost of firing or hiring as in Bagliano & Bertola (2004) generates an intertemporal element to a …

-insurance demand. An unanticipated tax reform in 2000 halved the tax exemption limit for capital income in Germany. We document that … the demand for life insurance reacted strongly to this change. With regard to bequest motives, we analyze the demand for … viewed as an experimental institutional setting where life-insurance demand was not influenced by tax considerations which …

In this paper we conduct a counterfactual analysis and estimate the quantitative importance of demand and supply … elasticity of substitution production function and the endogenous labor supply of three different skill types, which enable us to … isolate the impact of capital-skill complementarity (i.e., demand effects) and varying skill-specific labor supply (i …

, and the demand for private and public child care are simultaneously endogenized and intertemporally determined. We …