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Price and income elasticities of residential water demand : why empirical estimates differ
Dalhuisen, Jasper M.; Florax, Raymond J. G. M.; Groot, … - 2001
This paper presents a meta-analysis of variations in price and income elasticities of residential water demand … synthesize research results on price and income elasticities of residentialwater demand report in the literature. These … empirical estimates of the price and income elasticity ofresidential water demand vary to such considerable extents. The set of …
Persistent link: https://www.econbiz.de/10011398958
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Advance information and consumption insurance : evidence from panel data
Pedroni, Marcelo; Singh, Swapnil; Stoltenberg, Christian - 2022 - Preliminary, April 15, 2022
We investigate whether US households possess advance information about their future income and what this means for … requires only panel data on consumption and income. Using the Panel Study of Income Dynamics, we find-in contrast to the … incomplete markets model and find that advance information reduces households' income forecast errors by 15%. Our estimation …
Persistent link: https://www.econbiz.de/10013186823
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Risk and loss aversion, price uncertainty and the implications for consumer search
Soetevent, Adriaan R.; Bruzikas, Tadas - 2016
Do the choices of consumers who search for a product's best price exhibit risk neutral, risk averse or loss averse risk attitudes? We study how in a problem of sequential search with costless recall the relation between a consumer's willingness to pay for continued search and the level of price...
Persistent link: https://www.econbiz.de/10011520488
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A collective household model of time allocation : a comparison of native Dutch and immigrant households in the Netherlands
Klaveren, Chris van; Praag, Bernard M. S. van; Maassen … - 2006
main findings are that: (1) Leisure and household income are the most important variables in the utility function of the …
Persistent link: https://www.econbiz.de/10011349201
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When health care insurance does not make a difference : the case of health care "made in China"
Dalen, Hendrik P. van - 2006
Does medical insurance affect health care demand and in the end contribute to improvements in the health status? Evidence for China for the year 2004, by means of the China Health and Nutrition Survey (CHNS), shows that health insurance does not affect health care demand in a significant manner....
Persistent link: https://www.econbiz.de/10011349712
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Welfare effects of distortionary company car taxation
Gutiérrez-i-Puigarnau, Eva; Ommeren, Jos van - 2009
In Europe, company cars are offered by employers as fringe benefits to their employees at a lower price than employees pay in the car market, mainly due to favourable taxation of company cars. We analyse the welfare effects of favourable taxation of company cars for the Netherlands. The...
Persistent link: https://www.econbiz.de/10011372964
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Value of time by time of day : a stated-preference study
Tseng, Yin-yen; Verhoef, Erik T. - 2007 - This version: 07/11/07
This paper proposes an alternative, dynamic framework for estimatingtime-varying values of travel time savings and values of schedule delay, in whichtime-preferences are represented as the time-varying excess willingness to pay(EWPT) to being in the one location, over being elsewhere. It is...
Persistent link: https://www.econbiz.de/10011372988
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US and European household debt and credit constraints
Crook, Jonathan N.; Hochgürtel, Stefan - 2007
This paper uses micro data from four OECD countries (the United States, Spain, Italy, and the Netherlands), to assess the determinants of household debt holding and to investigate whether or not credit constraints are important for household debt holding. We extend the existing literature in...
Persistent link: https://www.econbiz.de/10011373833
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The own and social effects of an unexpected income shock
Kuhn, Peter Joseph; Kooreman, Peter; Soetevent, Adriaan R. - 2010 - Rev. May 5, 2010
Each week, the Dutch Postcode Lottery (PCL) randomly selects a postal code, and distributes cash and a new BMWto lottery participants in that code. We study the effects of these shocks on lottery winners and their neighbors.Consistent with the life-cycle hypothesis, the effects on winners’...
Persistent link: https://www.econbiz.de/10011374379
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A public good version of the collective household model : an empirical approach with an application to British household data
Klaveren, Chris van; Praag, Bernard M. S. van; Maassen … - 2008
In this paper we consider an empirical collective household model of time allocation for twoearnerhouseholds. The novelty of this paper is that we estimate a version of the collectivehousehold model, where the internally produced goods and the externally purchased goodsare assumed to be public....
Persistent link: https://www.econbiz.de/10011374423