Although there is some empirical evidence that economic phenomena may have multiple steady states, the feasibility of using temporary interventions to induce individuals to change behavior with sustainable effects is still contentious. I examine whether a temporary policy - electricity rationing...

Iran is an energy-rich country possessing 11 percent of global oil reserves and 15.3 percent of global natural gas reserves. Ranked 2nd among OPEC and with a potential for natural gas exports to Europe and Asia, Iran also plays a significant role in the world energy market and the global...

Iran is an energy-rich country and one of the world's main oil-exporters, but its own rapid energy consumption in recent years has raised concerns about the ability of the country to continue exporting oil in the future. Economic growth, massive energy subsidies, and mismanagement of the energy...

We assess the extent to which subsidies for home energy efficiency improvements in Canada have been paid to households that would have undertaken the improvements anyway – the so-called free rider rate. We focus on forced-air natural gas furnaces, replaced between April 1, 2007 and March 31,...

We analyze welfare implications of policies promoting environmentally friendly vehicles employing rich Swiss micro-data on 23,000 newly purchased cars and their buyers. Our estimates reveal substantial income heterogeneity in price elasticity and electric vehicle (EV) adoption. While CO2 levies...

We introduce a framework to evaluate the welfare effects of residential energy efficiency programs and estimate key parameters using a 100,000-household field experiment. Results generally contradict conventional wisdom: there is no evidence of informational or behavioral market failures,...

This paper estimates the level of transient and persistent efficiency in the use of electricity in Swiss households using the generalized true random effects model (GTREM). A panel dataset of 1,994 Swiss households from 2010 to 2014 collected via a household survey is used to estimate an...

The retail energy market in the UK is highly politicised and since the turn of the millennium successive governments have pursued significant policies designed to ease the affordability of energy for certain groups. One of these policies, namely Winter Fuel Payments, represents both a...

We study the dynamics of residential electricity demand by exploiting a natural experiment that produced large and long-lasting price changes in over 250 Illinois communities. Using a flexible difference-in-differences matching approach, we estimate that the price elasticity of demand grows from...

Households' preferences for attributes of flexible energy demand are not well understood. This paper evaluates Finnish households' acceptance of hypothetical contracts and services aimed at increasing demand side flexibility. We conduct a Choice Experiment to analyze households' willingness to...