Showing 1 - 10 of 712
We examine heterogeneity in Norwegian households' price responses to critical peak pricing (CPP) on electricity consumption, using a large-scale randomized controlled trial (RCT), high-frequency electricity data, and default enrollment. Increasing the grid transmission charge by 4,067%...
Persistent link: https://www.econbiz.de/10013168030
We examine heterogeneity in Norwegian households' price responses to critical peak pricing (CPP) on electricity consumption, using a large-scale randomized controlled trial (RCT), high-frequency electricity data, and default enrollment. Increasing the grid transmission charge by 4,067%...
Persistent link: https://www.econbiz.de/10013171863
In this paper we study the identification of discrete choice models of dynamically optimizing consumers. We first provide additional formal results for existing identification solutions. We then investigate the ‘last in, last out' (LILO) constraint on consuming from the inventory as a means to...
Persistent link: https://www.econbiz.de/10013033530
This paper analyzes the wealth effect on consumption in France by relying on two original household surveys. First, it provides the first estimate of the marginal propensity to consume out of wealth based on micro data for France (Enquête Patrimoine 2009, Insee): a low but significant wealth...
Persistent link: https://www.econbiz.de/10013037537
We use survey evidence on reported spending in hypothetical energy price shock scenarios to study novel features of the price elasticity of energy demand and the marginal propensity to consume (MPC) after paying the energy bill. We document several nonlinearities depending on the sign and...
Persistent link: https://www.econbiz.de/10014305315
valuations for contract attributes which include various load controls and distribution of electricity consumption information … controls and to share their electricity consumption information. However, some households are willing to share their … electricity consumption information and ask for relatively lower compensation to allow load controls. We also find that some …
Persistent link: https://www.econbiz.de/10012289251
Drawing on the most recent wave of the German Residential Energy Survey (GRECS), this paper estimates the contribution of individual appliances to household electricity consumption. Moving beyond the standard focus of estimating mean effects, we combine the conditional demand approach with...
Persistent link: https://www.econbiz.de/10011764517
In this paper we study the demand for car kilometres in two-car households, focusing on the substitution between cars in response to fuel price changes. We use a large sample of detailed Danish data on two-car households to estimate -- for each car owned by the household -- own and cross-price...
Persistent link: https://www.econbiz.de/10010224824
We use a panel of UK households to analyse the impact that various individual, household and dwelling characteristics have on energy expenditures and whether changes in household socio-economic circumstances translate in changes in energy expenditures. Socio-economic characteristics have a...
Persistent link: https://www.econbiz.de/10010356698
We use survey evidence on reported spending in hypothetical energy price shock scenarios to study novel features of the price elasticity of energy demand and the marginal propensity to consume (MPC) after paying the energy bill. We document several nonlinearities depending on the sign and...
Persistent link: https://www.econbiz.de/10013443716