Showing 1 - 10 of 5,352
-constrained consumers' access to financial markets make demand insensitive to interest rate fluctuations. The demand of credit … price sector influence aggregate demand and, for monetary policy to have its desired effect, the central bank has to …
Persistent link: https://www.econbiz.de/10008810538
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand …
Persistent link: https://www.econbiz.de/10009548648
We investigate how, in temporary economic hardship, agents change their consumption of health services, and how this depends on whether the service is universally free-of-charge visits to GP's or privately co-financed dental care. We find that own expenditures for dental care decrease. The...
Persistent link: https://www.econbiz.de/10011450026
This paper presents a life cycle model for the demand for health, and derives empirical specifications that distinguish … between permanent and transitory wage responses. Using panel data, we estimate dynamic health and health input demand … equations. We find evidence of negative transitory wage effects, and positive permanent effects. Estimation results based on our …
Persistent link: https://www.econbiz.de/10011336871
When a treatment unambiguously defines the treatment and control groups at a given time point, its effects are usually found by comparing the two groups' mean responses. But there are many cases where the treatment timing is chosen, for which the conventional approach fails. This paper sets up...
Persistent link: https://www.econbiz.de/10009717700
Persistent link: https://www.econbiz.de/10001953314
Previous studies on gender wage discrimination have relied on OLS when estimating the wage equations. However, there exists a number of recent studies, devoted to estimating the return to education, that have shown that OLS may produce biased estimates for a number of reasons. Consequently, if...
Persistent link: https://www.econbiz.de/10011316913
The paper proposes two estimation approaches for duration models that are subject to right censored observations and …
Persistent link: https://www.econbiz.de/10011318601
Persistent link: https://www.econbiz.de/10001829708
power. We perform a simulation study and apply the results to a case study where the interest lies in evaluating the effect …
Persistent link: https://www.econbiz.de/10009558957