This paper develops a pseudo-panel approach to examine household electricity demand behavior through the household life … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of … electricity consumption follows an inverted U-shaped distribution as a function of the age of the household's head. Most notably …

case for possible application to the electricity market and discusses the implications of the results. In the literature … and demand response in the power market and their relationships. It enhances demand response in the electricity market …The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated …

implemented during slumps, precisely when the labor market sensitivity with respect to the performance of the product market is …

localized markets. We examine these factors by administering single-location and global sessions of an online asset market … asset market bubbles occur in all sessions, but global markets had significantly more extreme and longer duration valuation … highlight a unique but underappreciated factor present across traders in global market environments. They also point to the …

Bubbles are recurrent events, which contribute to both macroeconomic and employment volatility. We introduce stochastic … bubbles in the standard search-and matching model of the labor market. The economy alternates between latent and bubbly states …, each being associated with a distinct solution for the market value of firms (respectively, stable or explosive). Bubbles …

theory. While labor market institutions have a large effect on output volatility, they do not seem to have much of an effect …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … could account for volatility differences across member states, but labor market characteristics have remained very diverse …

a market where wage adjustments are small, quantities vary a lot: this is the case for older workers, whereas the … consistent with prime-age workers' labor market while aging endogenously introduces real wage rigidities, allowing to match what …

How does the asymmetry of labor market institutions affect the adjustment of a currency union to shocks? To answer this … show that it is important to distinguish between different labor market rigidities as they have opposite effects on … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the …

this line of research to the labor literature concerned by the volatility of labor market outcomes to productivity shocks …Financial frictions are known to raise the volatility of economies to shocks (e.g. Bernanke andGertler 1989). We follow … of labor market tightness to productivity shocks. This multiplier increases with total financial costs and is minimized …

de labor market volatility. This increased volatility is partially reverted when limitations in the duration and number … achieve similar volatility than fully deregulated labor markets. Flexibility at the margin produces a gap in separation costs … explain the similar volatility observed in many regulated OECD labor markets with flexibility at the margin vis-à-vis the …