The European Union has decided to replace its current A+++ to D labelling scheme for cold appliances with a rescaled A …

and the propensity of households to buy major electric appliances. I use variation from a natural experiment in Russia … household-level panel data which records, among others, whether the household has purchased any major electric appliances during … of major electric appliances has increased by more than 25 percent (2 percentage points). The findings suggest that price …