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Empirical evidence on the response of German households to electricity price changes is sparse. Using panel data originating from Germany's Residential Energy Consumption Survey (GRECS), we fill this void by employing an instrumental variable approach to cope with the endogeneity of the...
Persistent link: https://www.econbiz.de/10012978685
Reducing household electricity consumption is of central relevance to climate policy given the share of 12.2% of the …), this paper estimates the contribution of individual appliances to household electricity demand using the conditional demand … to the conditional distribution of household electricity consumption. This heterogeneity indicates that there are quite …
Persistent link: https://www.econbiz.de/10013014054
the household sector and its environmental impact, we suggest implementing low-cost information measures on a large scale …
Persistent link: https://www.econbiz.de/10011897241
the household sector and its environmental impact, we suggest implementing low-cost information measures on a large scale …
Persistent link: https://www.econbiz.de/10012916541
Erneuerbaren auf Basis von Diskreten-Wahl-Modellen nahelegen. So könnten die einkommenstärkeren Haushalte bei der Finanzierung der …
Persistent link: https://www.econbiz.de/10011624585
Using household travel diary data collected in Germany between 1997 and 2012, we employ an instrumental variable (IV …
Persistent link: https://www.econbiz.de/10011301767
starke Vereinfachung darstellt, einem Haushalt einer bestimmten Größe (Personenzahl) einen typischen mittleren Stromverbrauch …
Persistent link: https://www.econbiz.de/10011315460
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
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
The overestimation of willingness-to-pay (WTP) in hypothetical responses is a wellknown finding in the literature. Various techniques have been proposed to remove or, at least, reduce this bias. Using responses from a panel of about 6,500 German households on their WTP for a variety of power...
Persistent link: https://www.econbiz.de/10010352747