Search Results - subject:"Elasticity of"

Firm heterogeneity, industry dynamics and climate policy

Jo, Ara; Karydas, Christos - 2023

, and the elasticity of substitution between clean and dirty energy in the economy. The model incorporates empirical … highlights the effect of dynamic industry response on increasing the average elasticity of substitution in the economy due to the … exit of least flexible firms in response to climate policy. The higher average elasticity of substitution increases the …

Persistent link: https://www.econbiz.de/10013556503

Heterogeneity in the pass-through from oil to gasoline prices: A new instrument for estimating the price elasticity of gasoline demand

Kilian, Lutz; Zhou, Xiaoqing - 2023

We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences …

Persistent link: https://www.econbiz.de/10013557347

Heterogeneity in the Pass-Through from Oil to Gasoline Prices: A New Instrument for Estimating the Price Elasticity of Gasoline Demand

Kilian, Lutz; Zhou, Xiaoqing - 2023

We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences …

Persistent link: https://www.econbiz.de/10014290260

Maximum Impact Intergenerational Associations

Eshaghnia, Sadegh S. M.; Heckman, James J.; Landerso, Rasmus - 2023

This paper presents a new approach to measuring the intergenerational transmission of well-being and a novel perspective on which measures and what age ranges to use to estimate intergenerational social mobility. We select the measures and the age ranges that best predict important human capital...

Persistent link: https://www.econbiz.de/10014296782

Can a Ban on Child Labour Be Self-Enforcing?

Cigno, Alessandro - 2023

A series of articles beginning with Basu and Van (1989) argue that a ban on child labour may be self-enforcing in the sense that, once an equilibrium where only adults work is established, parents may have no incentive to depart from it, and the ban is no longer required. This important result...

Persistent link: https://www.econbiz.de/10014296811

Econometric modeling of input-driven output risk through a versatile CES production function

Zeytoon-Nejad, Ali; Goodwin, Barry K. - In: Journal of Risk and Financial Management 16 (2023) 2, pp. 1-23

The conventional functional form of the Constant-Elasticity-of-Substitution (CES) production function is a general …

Persistent link: https://www.econbiz.de/10014332847

The Pro-Competitive Consequences of Trade in Frictional Labor Markets

Firooz, Hamid - 2023

What are the pro-competitive consequences of trade in frictional labor markets? This paper develops and estimates a dynamic general equilibrium trade model to show that the interplay between endogenously variable markups in product markets and frictions in labor markets has important...

Persistent link: https://www.econbiz.de/10014469360

Nonlinear Propagation of Sectoral Productivity Shocks with Variable Elasticities of Substitution

Paul, Saumik; Raju, Dhushyanth - 2023

This paper examines the nonlinear propagation of sectoral productivity shocks in a general equilibrium framework with intersectoral linkages characterized by allowing elasticities of substitution in sectoral outputs and sectoral productivities to vary across sector pairs. Evidence based on a...

Persistent link: https://www.econbiz.de/10014469377

Not All Oil Types Are Alike

Güntner, Jochen; Irlacher, Michael; Öhlinger, Peter - 2023

Motivated by the European Union's debate on sanctioning crude oil imports from Russia, we estimate the elasticity of …

Persistent link: https://www.econbiz.de/10014469586

Trajetória recente e características regionais do consumo de energia elétrica para famílias de baixa renda no Brasil a partir dos dados do programa TSEE (2014-2021)

da Silva Filho, Edison Benedito; Homsy, Guilherme Vampré - 2023

This study analyzes the recent trajectory and regional characteristics of electricity consumption among low-income families in Brazil, using data from beneficiaries of the Tarifa Social de Energia Elétrica (TSEE) program. It also seeks to assess the impacts of restrictive measures and...

Persistent link: https://www.econbiz.de/10014486124