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In this paper, we first recover the individual valuation of expected future fuel costs at the time of a car purchase and then explore how various factors relate to the recovered consumer undervaluation of fuel savings (on average, consumers' willingness-to-pay for a AC1 reduction in fuel costs...
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. We apply a hedonic price model to the German automobile market by using data on detailed technical specifications of high …
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display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …
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