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unique data set merging a nationwide household survey from Germany with regional data on wages and construction costs. To …, and household-level socioeconomic attributes on the likelihood of undertaking one of 16 renovation options. We use the … model coefficients to derive household-specific marginal willingness-to-pay estimates, and with these assess the extent to …
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Using detailed data originating from several hundred households of the German Residential Energy Survey (GRECS), this paper empirically investigates the returns on investment in home-equipped photovoltaics (PV) installations. We find that these returns were particularly high in the years 2009 to...
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