How do private consumers adapt to changes to energy prices, in particular do they invest in energy-saving measures? We study this question in the context of the rapid rise in energy prices caused by the Russian invasion of Ukraine in February 2022 and the demand for energy efficiency in the UK...

Using a large administrative dataset from Canada we estimate that the tax price elasticity of charitable donations is -1.9. When we allow for heterogeneity of this parameter across the income distribution, we observe a large elasticity at the bottom of the distribution between -3 and -4, and an...

During the U.S.-China trade war, the U.S. punitive tariffs were almost entirely borne by U.S. importers. In contrast, only 68% of China's retaliatory tariffs were paid by Chinese importers. The puzzling difference between the U.S. and China is mainly driven by their different import structures...

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...

Consumer segmentation is very relevant in the design of wine marketing strategies. Previous studies showed that there is a relationship between the consump-tion situation and the willingness to pay for a bottle of wine. In this sense, the con-sumption situation is considered a segmentation...

The utility's utilization of communication technology and renewable energy sources has paved the path for self-sustaining microgrids (MGs). However, the intermittency of solar and wind energies raises concerns about meeting demand effectively. To ensure optimal performance of distributed MGs, an...

I study investor-level data of all bitcoin flows from 2009 to 2021 and show that the market is highly inelastic: A $1 demand shock in the bitcoin market cause a change in the market cap of $3. I find that systematic demand shocks shared by all investors explain 40% of contemporaneous bitcoin...