Die WIFO-Studie "Inflation und Außenwirtschaft" untersucht den komplexen Zusammenhang zwischen Inflation und Außenwirtschaft, insbesondere im Kontext der jüngsten Inflationswelle. Die zentralen Erkenntnisse zeigen, dass der theoretische Zusammenhang zwischen Inflation und Außenwirtschaft...

Life expectancy rates have increased substantially in Ireland in recent years, driven mainly by reductions in mortality rates at older ages. Accordingly, Ireland has seen large increases in its older population, and along with this increasing demand for health and social care services,...

We develop a new approach to estimating flexible demand models with exogenous supply-side shocks. Our approach avoids conventional assumptions of exogenous product characteristics, putting no restrictions on product entry, despite using instrumental variables that incorporate characteristic...

We propose inventory replenishment and lateral transshipment policies for a distribution network. The distribution centers place weekly regular orders and daily urgent orders to the factory. Two classes of stochastic demands, pre-ordered and peddling, cause either backlogging or lost sales when...

We develop a new approach to estimating flexible demand models with exogenous supply-side shocks. Our approach avoids conventional assumptions of exogenous product characteristics, putting no restrictions on product entry, despite using instrumental variables that incorporate characteristic...

This research paper presents new gasoline demand price elasticity estimates for California. The study leverages the unique characteristics of California's gasoline market and introduces a new set of proposed instruments. As a first step, the study takes advantage of California's partially...

This study applies the Quadratic Almost Ideal Demand System (QUAIDS) to the Asian Development Bank's Multi-Region Input-Output (MRIO) dataset to estimate global demand and supply elasticities across intermediate vs. final, and domestic vs. foreign sectors. Using pooled data from 2021-2023,...

Motivated by the goal of increasing the use of renewable energies as a vital part of the energy transition, altering energy consumption in off-grid areas, and involving consumers in the decision-making process of the electricity market, demand response programs are considered essential measures...

The empirical migration literature often identifies the labor market effects of immigration using exogenous variation of migration concentration across sectors. However, this approach differences out macroeconomic effects which occur in all sectors. We apply macroeconomic time series methods to...

The empirical migration literature often identifies the labor market effects of immi- gration using exogenous variation of migration concentration across sectors or regions. However, this approach differences out macroeconomic effects which occur in all sec- tors. In this paper we apply...

This paper studies the relationship between market concentration and aggregate productivity when firmlevel demand emerges from past marketing investments. Granular firms may invest in demand both to complement their productivity and to amplify market power-this second force can create persistent...

The research involved developing and implementing a big data-driven demand forecasting and dynamic pricing system for retail businesses in Ukraine. The methodology covered gathering a massive database from online trading platforms, transactional information from points of sale, and loyalty...

This study investigates the impact of blockchain technology on demand forecasting and the associated costs in supply chain management using system dynamics modeling. With the increasing complexity and challenges of demand prediction in modern supply chains, the potential of blockchain to enhance...

We identify supply and demand shocks to the real price of natural gas in the Euro Area and the United States. Demand shocks are identified using exogenous temperature variations, while supply shocks are identified through a high-frequency strategy based on an extensive collection of...

This paper examines the relationship between location, liquidity, and prices in housing markets. We construct spatial datasets for German and U.S. cities and show that liquidity and prices decline with distance to the city center. To rationalize these results, we build a structural model with...

Purpose - The contemporary landscape of supply chains necessitates a comprehensive integration of multiple components encompassing production, distribution and customer engagement. The pursuit of supply chain harmony underscores the significance of pricing strategies within the framework of...

We propose a new model in which relationship-specific supply and demand shocks are non-parametrically identified in bipartite data under mild assumptions. For example, separate heterogeneous supply shocks are identified for each firm to which a bank lends. We show that a simple estimator is...

Real-time and time-of-use electricity pricing is based on the premise that consumers reduce demand when prices are high. In this paper, we test this assumption empirically using a large, high-frequency smart meter dataset from Denmark, estimating the short-run (hourly) price elasticity of...

Purpose: Lockdown and movement restrictions that imposed by governments have significantly changed customers behavior, making the planning and decision-making processes more challenging. Providing accurate estimation of the demand, enable managers to take more successful decisions and allow...

This article investigates household consumption in 2011 and 2021, to see if there is evidence of changes in household demands of food. The European policy from Farm to Fork aims at providing sustainable, healthy food for all consumers, through an increase in vegetable consumption at the expense...

What is the effect of immigration on native labor-market outcomes? An extensive literature identifies the differential impact of immigration on natives employed in jobs that are more exposed to immigrant labor (supply exposure). But immigrants consume in addition to producing output. Despite...

Life expectancy rates have increased substantially in Ireland in recent years, driven mainly by reductions in mortality rates at older ages. Accordingly, Ireland has seen large increases in its older population, and along with this increasing demand for health and social care services,...

Prepaid electricity contracts lower enforcement costs but may burden consumers, particularly when market frictions are present. This paper presents the results of a randomized control trial where 2,000 randomly selected, rural Rwandese consumers were offered a line of credit for electricity...

Housing expenditure shares decline with income. A household's income determines its sensitivity to housing costs and drives its location decision. Has spatial skill sorting increased because low income individuals are avoiding increasingly expensive regions? I augment a standard quantitative...