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A Life-Cycle Theory Analysis of French Household Electricity Demand
Bélaïd, Fateh; Rault, Christophe; Massié, Camille - 2021
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
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Differential and Distributional Effects of Energy Efficiency Surveys : Evidence from Electricity Consumption
Kniesner, Thomas J. - 2016
household electricity consumption. These programs are designed to increase awareness of household energy consumption with … but participated later. The evidence suggest that the customers who participated in the survey reduced their electricity …
Persistent link: https://www.econbiz.de/10013002449
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A Cautionary Note on Using Industry Affiliation to Predict Income
Pischke, Jörn-Steffen - 2012
Many literatures investigate the causal impact of income on economic outcomes, for example in the context of intergenerational transmission or well-being and health. Some studies have proposed to use employer wage differentials and in particular industry affiliation as an instrument for income....
Persistent link: https://www.econbiz.de/10013099731
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Prediction Markets for Economic Forecasting
Snowberg, Erik C. - 2012
Prediction markets – markets used to forecast future events – have been used to accurately forecast the outcome of political contests, sporting events, and, occasionally, economic outcomes. This chapter summarizes the latest research on prediction markets in order to further their...
Persistent link: https://www.econbiz.de/10013103480
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What Predicts a Successful Life? A Life-Course Model of Well-Being
Layard, Richard - 2013
If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the British Cohort Study (1970). The most powerful childhood...
Persistent link: https://www.econbiz.de/10013073851
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Forecasting with Spatial Panel Data
Baltagi, Badi H. - 2009
This paper compares various forecasts using panel data with spatial error correlation. The true data generating process is assumed to be a simple error component regression model with spatial remainder disturbances of the autoregressive or moving average type. The best linear unbiased predictor...
Persistent link: https://www.econbiz.de/10013158526
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Predicting Road Conditions with Internet Search
Askitas, Nikos - 2015
am) and in the evening (5 pm to 7 pm). I propose such searches as a way of forecasting road conditions.The main result of …
Persistent link: https://www.econbiz.de/10013011173
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Is Entrepreneurial Success Predictable? An Ex-Ante Analysis of the Character-Based Approach
Caliendo, Marco; Kritikos, Alexander - 2021
is slightly better than that of the questionnaire, but lower than expected in theory. Interestingly, for those subgroups …
Persistent link: https://www.econbiz.de/10013317164
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How Prediction Markets Can Save Event Studies
Snowberg, Erik C. - 2011
This review paper articulates the relationship between prediction market data and event studies, with a special focus on applications in political economy. Event studies have been used to address a variety of political economy questions ﾖ from the economic effects of party control of...
Persistent link: https://www.econbiz.de/10013126921
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Intrahousehold Resource Allocation and Individual Poverty : Assessing Collective Model Predictions Against Direct Evidence on Sharing
Bargain, Olivier; Lacroix, Guy; Tiberti, Luca - 2023
Welfare analyses conducted by policy practitioners around the world usually rely on equivalized or per-capita expenditures and ignore the extent of within-household inequality. Recent advances in the estimation of collective models suggest ways to retrieve the complete sharing process within...
Persistent link: https://www.econbiz.de/10014254963