Showing 1 - 10 of 2,179
In this paper, we study the predictive power of electricity consumption data for regional economic activity. Using … unique weekly and monthly electricity consumption data for the second-largest German state, the Free State of Bavaria, we … that electricity consumption is the best performing indicator in the nowcasting setup and has higher accuracy than other …
Persistent link: https://www.econbiz.de/10014077188
are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use … electricity in response to summer temperature fluctuations. The result is retrieved under weaker identifying assumptions than … previous split incentives papers, and is robust when exposed to several opportunities to fail. The electricity reduction in …
Persistent link: https://www.econbiz.de/10012866313
Many policymakers view power outages as a major constraint on firm productivity in developing countries. Yet empirical studies find modest short-run effects of outages on firm performance. This paper builds a dynamic macroeconomic model to study the long-run general-equilibrium effects of power...
Persistent link: https://www.econbiz.de/10013309487
Using neural networks, the present study replicates previous results on the prediction of student dropout obtained with decision trees and logistic regressions. For this purpose, multilayer perceptrons are trained on the same data as in the initial study. It is shown that neural networks lead to...
Persistent link: https://www.econbiz.de/10013211739
We develop a regime switching vector autoregression where artificial neural networks drive time variation in the coefficients of the conditional mean of the endogenous variables and the variance covariance matrix of the disturbances. The model is equipped with a stability constraint to ensure...
Persistent link: https://www.econbiz.de/10013314694
Oil market VAR models have become the standard tool for understanding the evolution of the real price of oil and its impact in the macro economy. As this literature has expanded at a rapid pace, it has become increasingly difficult for mainstream economists to understand the differences between...
Persistent link: https://www.econbiz.de/10012839764
I build a quantitative model of economic growth that can be used to evaluate the impact of environmental policy interventions on final-use energy consumption, an important driver of carbon emissions. In the model, energy demand is driven by directed technical change. Energy supply is subject to...
Persistent link: https://www.econbiz.de/10013300865
This paper develops a pseudo-panel approach to examine household electricity demand behaviour through the household … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of … electricity consumption follows an inverted U-shaped distribution as a function of the age of the household's head. Most notably …
Persistent link: https://www.econbiz.de/10013250745
We propose one of the first dynamic models of the optimal transition from fossil fuels to renewables in electricity …
Persistent link: https://www.econbiz.de/10012892147
Electricity transmission redistributes environmental impacts across space. We exploit episodes of high electricity …. Reducing electricity system congestion decreases ozone and PM2.5 concentrations in New England and New York and increases them … in the western portions of the Pennsylvania-New Jersey-Maryland electricity market and much of the Midwestern states. We …
Persistent link: https://www.econbiz.de/10012825399