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Imelda; Abatayo, Anna Lou; Resusodarmo, Budy - 2024

The timing of payment can enhance salience, making customers more price-responsive when paying before consumption rather than after. This study examines Indonesia’s nationwide switch to prepaid electricity metering, impacting over 40 million households. We find that prepaid metering users are...

Persistent link: https://www.econbiz.de/10015178416

Heterogeneity in the pass-through from oil to gasoline prices : a new instrument for estimating the price elasticity of gasoline demand

Kilian, Lutz; Zhou, Xiaoqing - 2023

We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … response to an aggregate oil price shock. Time-varying estimates do not support the view that the gasoline demand elasticity … rose to about -0.2 in 2015-16, but has remained stable since 2016. Gasoline demand is more responsive in states with lower …

Persistent link: https://www.econbiz.de/10014250001

Facts and fiction in oil market modeling

Kilian, Lutz - 2019

Baumeister and Hamilton (2019a) assert that every critique of their work on oil markets by Kilian and Zhou (2019a) is without merit. In addition, they make the case that key aspects of the economic and econometric analysis in the widely used oil market model of Kilian and Murphy (2014) and its...

Persistent link: https://www.econbiz.de/10012119530

Understanding the estimation of oil demand and oil supply elasticities

Kilian, Lutz - 2020

This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand … conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …

Persistent link: https://www.econbiz.de/10012288032

A life-cycle theory analysis of french household electricity demand

Belaîd, Fateh; Rault, Christophe; Massié, Camille - 2021

This paper develops a pseudo-panel approach to examine household electricity demand behaviour through the household … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of …

Persistent link: https://www.econbiz.de/10012415417

Pricing intermittent renewable energy

Ambec, Stefan; Crampes, Claude; Lamp, Stefan - 2025

, regardless of their adequacy with demand and supply by other technologies. We show that fixed-price contracts implement the …

Persistent link: https://www.econbiz.de/10015426911

Is there a green paradox?

Hoel, Michael - 2010

A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...

Persistent link: https://www.econbiz.de/10008696672

Socioeconomic determinants of awareness of energy labels and their influence on purchase decisions in the EU

Barahona-Varon, Monica; Doganoglu, Toker; Grzybowski, Lukasz - 2025

This paper examines the determinants of individuals’ awareness of EU Energy Labels and the extent to which these labels influence their purchase decisions for electric appliances. The analysis is based on Eurobarometer survey data from 27,438 individuals across 28 EU Member States in 2019....

Persistent link: https://www.econbiz.de/10015189924

The efficiency of dynamic electricity prices

Hinchberger, Andrew J.; Jacobsen, Mark R.; Knittel, … - 2024

The marginal cost of electricity ﬂuctuates hour-by-hour, yet retail customers typically face ﬂat prices. Using data from all seven US wholesale markets and a new method to evaluate alternative rates set in advance that accounts for equilibrium price eﬀects, we estimate eﬃciency gains...

Persistent link: https://www.econbiz.de/10015070183

Sudden stop : supply and demand shocks in the German natural gas market

Güntner, Jochen; Reif, Magnus; Wolters, Maik H. - 2024

supply stop on the German economy. Combining conventional and narrative sign restrictions, we find that gas supply and demand … was driven by adverse supply shocks and positive storage demand shocks, as Germany filled its inventories before the …

Persistent link: https://www.econbiz.de/10014576948