We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise … elasticity of demand under increasing-block prices and compare conditional and unconditional elasticities analytically and …

contains detailed information on firm domestic prices, marginal costs, and competitor prices. The rare features of these data …

costs driven by changes in factor prices than to increases in marginal cost precipitated by expansions in output. We explore …

level and that prices are substantially less volatile than costs. We show that in the relative-deep-habits model of Ravn …, in response to a firm-specific increase in marginal costs, prices rise, but by less than marginal costs leading to a … decline in the firm-specific markup of prices over marginal costs. Pass-through is predicted to be even lower when shocks to …

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 …

Estimating consumer surplus is challenging because it requires identification of the entire demand curve. We rely on … Uber's “surge” pricing algorithm and the richness of its individual level data to first estimate demand elasticities at … several points along the demand curve. We then use these elasticity estimates to estimate consumer surplus. Using almost 50 …

This paper uses fare changes in Mexico City, Guadalajara, and Monterrey to estimate the price elasticity of demand for …

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 … fraction of the energy charge and the identity of the half-hour periods when demand charges occur are only known with certainty …

Instrumental variables (IV) estimation of a demand equation using time series data is shown to produce a weighted … average derivative of heterogeneous potential demand functions. This result adapts recent work on the causal interpretation of … derivative estimation to models with endogenous regressors. The paper also shows how to compute the weights underlying IV …

Econometric estimates of the responsiveness of health-related consumer demand to higher prices are often key … ingredients for policy analysis. Drawing on several examples, especially that of cigarette demand, we review the potential … advantages and challenges of synthesizing econometric evidence on the price-responsiveness of consumer demand. We argue that the …