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initial response of revenue to changes in the bases is weak. In the case of wage tax it takes half a year for the elasticity …
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A key parameter in structural models is the Frisch elasticity of labor supply at the extensive margin, but empirical …
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We provide the first estimate of the elasticity of marginal utility of consumption, η, for a post-transition economy in ….42 within the study period that covers 2005-2019. Moreover, the estimate of elasticity of marginal utility of consumption …
Persistent link: https://www.econbiz.de/10012432235
We provide the first estimate of the elasticity of marginal utility of consumption, μ, for Europe and for thirty …
Persistent link: https://www.econbiz.de/10013461083
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It is a well established fact that electricity use increases with income. What is less well known is that - despite the … positive correlation between electricity use and income - a significant portion of low-income households consume very large … amounts of electricity. In this paper, we make a first step towards better understanding this phenomenon. Specifically, we …
Persistent link: https://www.econbiz.de/10008856386
In this paper, I estimate the price elasticity of residential electricity demand using household-level panel data for … different tier cut-offs. Based on these results, I estimate the price elasticity of electricity demand to be around -0.09. I … Russia. The study takes advantage of the variation in tariffs across regions and over time, as well as the introduction of …
Persistent link: https://www.econbiz.de/10012705248