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 …

demand using a novel compensated framework over space and an uncompensated framework over time. Our specifications pass tests … imposed by rationality and household mobility. Housing demand is income and price inelastic, and appears to fall with …

incorporate Ricardo's insight about demand-driven productivity in settings of variable scarce resources, and estimate the industry …'s responsiveness to changes in demand over this timeframe using therapeutic class-specific data. In contrast to many analyses, our … empirical estimates indicate that the industry has “met demand” with remarkable consistency since the late-1980s. The growth in …

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 …

investor demand for these securitizations. Using micro-data on insurers' and mutual funds' bond holdings, we find considerable … heterogeneity in investor demand for securitizations in the pre-crisis period. We argue that both investor beliefs and incentives … help to explain this variation in demand. By contrast, our data paints a more uniform picture of investor behavior in the …

preference shifter. We then develop a tractable estimation procedure and apply it to Cambridge. Estimates suggest that while 82 …