so that our identification is not affected by the Faust andLeeper (1997) critique. We find widespread hysteresis: demand …

of aggregate demand - which, as a result, varies over the business cycle. As such, an accurate measurement of the …

incomplete markets model and find that advance information reduces households' income forecast errors by 15%. Our estimation …

demand. It looks at a market with social effects where consumers want to do what is popular, to buy what they believe others … certain naive consumers into believing that demand is greater than it actually is. This will in turn increase the willingness … demand is lower than expected, even when the number of naive consumers is arbitrarily small. …

We propose a tractable method for estimation of a simultaneous search model for differentiated products that allows for …

This paper presents a meta-analysis of variations in price and income elasticities of residential water demand ….Information on the determinants of consumer demand is of pivotal importance for the efficiency and efficacy ofpublic and private … policy-making. It is also crucial for effective water demand management. We focus on theapplication of statistical methods to …

The market for commercial properties is characterised by extreme heterogeneity in demand. In this paper, we aim to gain … more insight in the heterogeneity in demand for employment agglomeration and size of the rental property using a two …