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the insurance cost explain between 34 and 37 percent of the relationship between the default and flood insurance demand …
Persistent link: https://www.econbiz.de/10012481576
We study the liquidity demand of large settlement banks in the UK and its effect on the Sterling Money Markets before … amount of payment activity and more so for weaker banks. We establish that the liquidity demand by settlement banks caused …
Persistent link: https://www.econbiz.de/10012462261
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 …
Persistent link: https://www.econbiz.de/10012470511
effects of fake reviews on individual demand and welfare. We conduct an incentive-compatible online experiment with a …
Persistent link: https://www.econbiz.de/10014436967
We review an empirical literature that studies the role of social interactions in driving economic and financial decision making. We first summarize recent work that documents an important role of social interactions in explaining household decisions in housing and mortgage markets. This...
Persistent link: https://www.econbiz.de/10012482193
We study the role of morality in debt repayment, using an experiment with the credit card customers of a large Islamic bank in Indonesia. In our main treatment, clients receive a text message stating that "non-repayment of debts by someone who is able to repay is an injustice." This moral appeal...
Persistent link: https://www.econbiz.de/10012457058
"Short-run subsidies for health products are common in poor countries. How do they affect long-run adoption? We present a model of technology adoption in which people learn about a technology's effectiveness by using it (or observing others using it) for some time, but people quit using it too...
Persistent link: https://www.econbiz.de/10003987975
importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in …
Persistent link: https://www.econbiz.de/10011395038
This is the first paper to investigate the determinants of the demand for medical care in the People's Republic of … characteristics and work conditions impact the demand for medical care. Income elasticity is around 0.3, indicating medical care is a … necessity. Medical care demand is price inelastic, and price elasticity is larger in absolute value for poorer households …
Persistent link: https://www.econbiz.de/10012471094
market. This paper examines the initial effects of the tax subsidy on the demand for health insurance using previously …
Persistent link: https://www.econbiz.de/10012471232