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Time lags in the pass-through of crude-oil prices: Big data evidence from the German gasoline market

Frondel, Manuel; Vance, Colin; Kihm, Alex - 2015

This note investigates the pass-through of global Brent oil notations to fuel prices across the oligopoly of retail majors in Germany. We assemble a high-frequency panel data set that encompasses millions of price observations and allows us to distinguish effects by brand. Upon establishing a...

Persistent link: https://www.econbiz.de/10011335506

Is there heterogeneity in the response of consumption to income shocks?

Ludwig, Johannes - 2015

known about how this response differs for households at different ends of the income distribution. This paper investigates …

Persistent link: https://www.econbiz.de/10011404810

Heterogeneous rebound effects: Comparing estimates from discrete-continuous models

Frondel, Manuel; Martinez Flores, Fernanda; Vance, Colin - 2016

Discrete-continuous models have become a common technique for addressing selectivity biases in data sets with endogenously partitioned observational units. Alternative two-stage approaches have been suggested by LEE (1983), DUBIN and MCFADDEN (1984), and DAHL (2002), all of which capture the...

Persistent link: https://www.econbiz.de/10011414659

Heterogeneity in the price response of residential electricity demand: A dynamic approach for Germany

Frondel, Manuel; Kussel, Gerhard; Sommer, Stephan - 2018

estimating the heterogeneity in the response of residential electricity demand to price increases across household types. Drawing … on household panel data from the German Residential Energy Consumption Survey (GRECS) that span over nine years (2006 … heterogeneous across household groups, an outcome that has important implications for policy-making. Most notably, we do not find …

Persistent link: https://www.econbiz.de/10011963736

Social norms and energy conservation beyond the US

Andor, Mark Andreas; Gerster, Andreas; Peters, Jörg; … - 2017

The seminal studies by Allcott and Mullainathan (2010), Allcott (2011), and Allcott and Rogers (2014) suggest that social comparison-based home energy reports (HER) are a cost-effective non-price intervention to stimulate energy conservation. The present paper demonstrates the context-dependency...

Persistent link: https://www.econbiz.de/10011741597

Heterogeneity in residential electricity consumption: A quantile regression approach

Frondel, Manuel; Sommer, Stephan; Vance, Colin - 2017

contribution of each appliance to the distribution of household electricity consumption. While reflecting correlations, rather than … of individual appliances to household electricity consumption. Moving beyond the standard focus of estimating mean … the opposite tails of the electricity consumption distribution, highlighting the added value of applying quantile …

Persistent link: https://www.econbiz.de/10011764716

Assessing differences in household needs: A comparison of approaches for the estimation of equivalence scales using German expenditure data

Dudel, Christian; Garbuszus, Jan Marvin; Schmied, Julian - 2017

this paper, we employ German household expenditure data to estimate exact equivalence scales using several parametric …

Persistent link: https://www.econbiz.de/10011764717

Demand for off-grid solar electricity: Experimental evidence from Rwanda

Grimm, Michael; Lenz, Luciane; Peters, Jörg; Sievert, … - 2018

The cost of providing electricity to the unconnected 1.1 billion people in developing countries is significant. High hopes are pinned on market-based dissemination of offgrid technologies to complement the expensive extension of public grid infrastructure. In this paper, we elicit the revealed...

Persistent link: https://www.econbiz.de/10011800305

Increased market transparency in Germany's gasoline market: What about rockets and feathers?

Frondel, Manuel; Horvath, Marco; Vance, Colin; Kihm, … - 2019

Drawing on panel data on daily fuel prices covering over 5,000 filling stations in Germany, this paper documents a change in the stations' price setting behavior following the introduction of a legally mandated online price portal in 2013. Prior to the portal, positive asymmetry is found on the...

Persistent link: https://www.econbiz.de/10012063182

WTA-WTP disparity: The role of perceived realism of the valuation setting

Frondel, Manuel; Sommer, Stephan; Tomberg, Lukas - 2019

Based on a survey among more than 5,000 German households and a single-binary choice experiment in which we randomly split the respondents into two groups, this paper elicits both households' willingness to pay (WTP) for power supply security and their willingness to accept (WTA) compensations...

Persistent link: https://www.econbiz.de/10012143380