To provide the basis for evaluating the effectiveness of price policies, this paper contributes to the literature by estimating the heterogeneity in the response of residential electricity demand to price increases across household types. Drawing on household panel data from the German...

Using panel data originating from two extensive surveys conducted in 2012 and 2014, we investigate German households’ adaptation behavior in response to indoor heat stress during summer months. Providing detailed information of household characteristics, behavior and technical equipment, our...

Drawing on panel data from Germany, this paper analyzes the correlates of happiness, with an eye toward isolating the role of parenthood over the lifecycle. The analysis couples a panel quantile regression with an empirical specification that captures different phases of parenthood, from the...

We explore whether non-competitive pricing prevails in Germany’s retail gasoline market by examining the influence of the crude oil price on the retail gasoline price, focusing specifically on how this influence varies according to the brand and to the degree of competition in the vicinity of...

This paper aims at establishing empirical facts on the fundamental determinants of real estate prices. It contributes to the literature by analysing a unique panel dataset covering a wide range of real estate market data and other economic variables for nearly 100 German cities. Several robust...

For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we...

The spell-based nature of the National Educational Panel Study poses some challenges for analyzing training participation rates across waves. Raw training participation rates of each wave using courses compiled in the SpCourses data set and in the SpEmp data set differ by up to 75 percent across...

We apply a heterogenous coefficient spatial autoregressive panel model from Aquaro, Bailey and Pesaran (2015) to explore competition/cooperation by Berlin fueling stations in setting prices for diesel and E5 fuel. Unlike the maximum likelihood estimation method set forth by Aquaro, Bailey and...