In this paper, we present the results from a field study on smart metering in Germany and Austria, focusing on the effects of providing feedback information on average electricity consumption. Econometric analyses are applied using a cross section of observations for more than 2000 households...

This paper analyzes the effects of providing feedback on electricity consumption in a field trial involving more than 1,500 households in Linz, Austria. About half of these households received feedback together with information about electricity-saving measures (pilot group), while the remaining...

Demand-side load management is considered a cost-efficient solution for ac-commodating growing shares of intermittent renewable electricity production. Here, we use double-bounded dichotomous choice (DBDC) contingent valua-tion (CV) to estimate the effectiveness of a subsidy for companies to...

This paper analyzes the effects of product market competition on zombie firms in the US using a large sample of publicly traded firms. First, we show that the asset-weighted share of zombie firms at the industry level decreases significantly with more competition. This decrease is mostly...

In this paper, we address how returns on financial assets vary across the population. Exploiting rich administrative data, we can neatly describe the heterogeneity across all parts of the distribution of wealth. We find compelling evidence that the rich benefit from higher returns. Likely, this...