Schmitz, Hendrik; Madlener, Reinhard - 2016
Space heating and hot water expenditures make up the majority of household energy demand in Germany, at 83.2%, making … covering the years 1996 to 2014, we identify the determinants of heating expenditures for German households. We discover … significant heterogeneity in expenditures depending on socioeconomic variables. For the full sample, we find a price elasticity of …