Showing 1 - 10 of 1,517
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 …
Persistent link: https://www.econbiz.de/10013251547
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 …
Persistent link: https://www.econbiz.de/10013104681
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 …
Persistent link: https://www.econbiz.de/10013139045
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 …
Persistent link: https://www.econbiz.de/10013107467
This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility … of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job … vacancies) divided by the volatility of labor productivity is roughly twice as large as in the United States. We derive and …
Persistent link: https://www.econbiz.de/10013155589
implemented during slumps, precisely when the labor market sensitivity with respect to the performance of the product market is …
Persistent link: https://www.econbiz.de/10012864881
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 …
Persistent link: https://www.econbiz.de/10013055568
than by GARCH type volatility estimates. The t-DCC estimation procedure is applied to a portfolio of daily returns on … suggest a general trend towards a lower level of return volatility, accompanied by a rising trend in conditional cross …
Persistent link: https://www.econbiz.de/10013316934
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 …
Persistent link: https://www.econbiz.de/10012947730
individuals' sleep time exhibits both variability and volatility characterized by stationary autoregressive conditional … young children at home. Volatility is greater among parents with young children, slightly greater among men than women, but … independent of other demographics. A theory of economic incentives to minimize the dispersion of sleep predicts that higher …
Persistent link: https://www.econbiz.de/10014083924