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We study the dynamics of residential electricity demand by exploiting a natural experiment that produced large and long … that the price elasticity of demand grows from –0:09 in the first six months to –0:27 two years later. We also estimate a …
Persistent link: https://www.econbiz.de/10012954912
) and energy efficiency (EE) investments. We specify a model that relates electricity demand to previous EE DSM spending … expenditures reduce electricity demand and that this effect persists for a number of years. Our findings suggest that ratepayer …We analyze the cost-effectiveness of electric utility ratepayer-funded programs to promote demand-side management (DSM …
Persistent link: https://www.econbiz.de/10013067203
household electricity demand that addresses these difficulties. We estimate the model using data for a representative sample of … California households, and summarize how electricity demand elasticities vary in that state. We then use the model to analyze the …Recent efforts to restructure and partially deregulate electricity markets have renewed interest in understanding how …
Persistent link: https://www.econbiz.de/10013248390
. Electricity distribution is the canonical example of a natural monopoly. Randomized price offers show that demand for electricity … levels, suggesting that residential electrification may reduce social welfare. We discuss how leakage, reduced demand (due to …
Persistent link: https://www.econbiz.de/10012990772
This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers … customers also face the possibility of a demand charge on their electricity consumption during the three half-hour periods that … day due to changes in all components of day-ahead E&W electricity prices, the level of the demand charge and the …
Persistent link: https://www.econbiz.de/10014133542
-loan collateral values may have affected both the demand and the supply of mortgages. Standard time series models using repeat … the loan level substantiates both supply and demand effects of past price trends in housing markets, particularly with …
Persistent link: https://www.econbiz.de/10013156426
discrete choice models of demand compared to simpler alternatives. In 2013, Boston Public Schools (BPS) proposed alternative …. Pathak and Shi (2013) estimated discrete choice models of demand using families' historical choices and these demand models … of discrete choice models of demand in our context …
Persistent link: https://www.econbiz.de/10013059907
Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we …
Persistent link: https://www.econbiz.de/10013312498
Recent work by Said and Dickey (1984 ,1985) , Phillips (1987), and Phillips and Perron(1988) examines tests for unit roots in the autoregressive part of mixed autoregressive-integrated-moving average (ARIHA) models (tests for stationarity). Monte Carlo experiments show that these unit root tests...
Persistent link: https://www.econbiz.de/10013240352
I translate familiar concepts of discrete-time time-series to contnuous-time equivalent. I cover lag operators, ARMA models, the relation between levels and differences, integration and cointegration, and the Hansen-Sargent prediction formulas
Persistent link: https://www.econbiz.de/10013104725