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This paper investigates empirically the consumer demand of environmentally relevant goods for Germany, as well as their … relationship to the demand for leisure. Higher prices for energy goods like gas, electricity or fuel oil due to higher indirect …, respectively leisure demand effects for Germany. Using a demand system to estimate the price, cross-price and income effects of the …
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Consumers' health plan choices are highly persistent even though optimal plans change over time. This paper separates two sources of inertia, inattention to plan choice and switching costs. We develop a panel data model with separate attention and choice stages, linked by heterogeneity in...
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Quadratic Almost Ideal Demand System (QUAIDS) framework, which allows for an endogenous expenditure budget and endogenous …
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quality choice in a way which is consistent with demand theory. The method is applied to Czech data. … these features to develop a method for estimation of price reactions using unit value data which exploits the implicit links …
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