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This paper investigates and extends the computationally attractive nonparametric random coefficients estimator of Fox, Kim, Ryan, and Bajari (2011). We show that their estimator is a special case of the nonnegative LASSO, explaining its sparse nature observed in many applications. Recognizing...
Persistent link: https://www.econbiz.de/10012109678
elasticity without the use of consumption or asset data. We find this elasticity on average to be negative, but small. The degree …
Persistent link: https://www.econbiz.de/10011911518
The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008 … elasticity of 0.22 and a units elasticity of 0.25. The study also reveals that geographical constraints partially affect the … housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the …
Persistent link: https://www.econbiz.de/10014228596
of individual appliances to household electricity consumption. Moving beyond the standard focus of estimating mean … contribution of each appliance to the distribution of household electricity consumption. While reflecting correlations, rather than … the opposite tails of the electricity consumption distribution, highlighting the added value of applying quantile …
Persistent link: https://www.econbiz.de/10011764517
Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price …, finding that only those households that are informed about prices are sensitive to price changes, whereas the electricity …, such as improving the transparency of tariffs, thereby increasing the saliency of prices. …
Persistent link: https://www.econbiz.de/10011897241
inefficiency in the use of electricity and its determinants. Using stochastic frontier analysis and disaggregated household data …
Persistent link: https://www.econbiz.de/10012308718