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Is gasoline price elasticity in the United States increasing? Evidence from the 2009 and 2017 national household travel surveys

Goetzke, Frank; Vance, Colin - 2018

prices, as well as quantile regression to account for heterogeneity according to driving intensity. A similar pattern of …

Persistent link: https://www.econbiz.de/10011904465

Values, attitudes and economic behavior

Roos, Michael W. M. - 2018

and measurable heterogeneity among individuals and shows how values can predict differences in tastes and sensitivity to …

Persistent link: https://www.econbiz.de/10011933977

Household Labor Supply and Home Services in a General-Equilibrium Model with Heterogeneous Agents

Bredemeier, Christian; Jüßen, Falko - 2009

We propose a new explanation for differences and changes in labor supply by gender and marital status, and in particular for the increase in married women's labor supply over time. We argue that this increase as well as the relative constancy of other groups' hours are optimal reactions to...

Persistent link: https://www.econbiz.de/10010264757

Heterogeneity in the Intergenerational Transmission of Alcohol Consumption – A Quantile Regression Approach

Schmidt, Christoph M.; Tauchmann, Harald - 2010

- which is frequently found to be of positive sign - exhibits a certain pattern of heterogeneity. In particular, if this … German survey data. The supposed pattern of heterogeneity is indeed found in the data, at least for daily parental drinking …. In addition, the intergenerational transmission of alcohol consumption exhibits gender-specific heterogeneity. …

Persistent link: https://www.econbiz.de/10010269991

Do Macroeconomic Shocks Affect Intuitive Inflation Forecasting? An Experimental Investigation

Deversi, Marvin - 2014

In an experimental setting impulse-response behaviour in intuitive inflation forecasting is analysed. Participants were asked to forecast future values of inflation for a fictitious economy after receiving charts and lists of past values of inflation and output gap. Thirty periods were...

Persistent link: https://www.econbiz.de/10010435328

How Do Consumers Choose Health Insurance? – An Experiment on Heterogeneity in Attribute Tastes and Risk Preferences

Kairies-Schwarz, Nadja; Kokot, Johanna; Vomhof, Markus; … - 2014

, reveals five classes of consumers with considerable heterogeneity in tastes for contract attributes. From this, we infer …

Persistent link: https://www.econbiz.de/10010464379

Equilibrium real interest rates, secular stagnation, and the financial cycle: Empirical evidence for euro-area member countries

Belke, Ansgar; Klose, Jens - 2018

Is the Euro area as a whole, or are individual Euro-area member countries facing a period of sustained lower economic growth, a phenomenon known as secular stagnation? We tackle this question by estimating equilibrium real interest rates and comparing them to actual real rates. Since the...

Persistent link: https://www.econbiz.de/10011800303

When Outcome Heterogeneously Matters for Selection – A Generalized Selection Correction Estimator

Reichert, Arndt; Tauchmann, Harald - 2012

The classical Heckman (1976, 1979) selection correction estimator (heckit) is misspecified and inconsistent if an interaction of the outcome variable and an explanatory variable matters for selection. To address this specification problem, a full information maximum likelihood estimator and a...

Persistent link: https://www.econbiz.de/10010289836

Equilibrium real interest rates and secular stagnation: An empirical analysis for euro area member countries

Belke, Ansgar; Klose, Jens - 2016

apply our approach to twelve Euro Area countries, since heterogeneity among member countries has become considerably …

Persistent link: https://www.econbiz.de/10011502235

Hospital competition with heterogeneous patient groups: Incentives and regulation

Vomhof, Markus - 2016

differentiation, we analyze the optimal allocation in both dimensions for hospitals. To account for heterogeneity in preferences as … partitioning scheme. In particular, the regulator aims at inducing higher quality by exploiting the heterogeneity in preferences. …

Persistent link: https://www.econbiz.de/10011507388