We examine the effects of the PBE program, which made the adoption of energy labels mandatory in the Brazilian refrigerator market. Using data from a nationally representative sample of households, we estimate a structural model of appliance choice. We document a modest increase in the valuation...

We examine the effects of a large temporary energy-savings program on the valuation of energy efficiency by Brazilian households, as well as its counterfactual energy savings. Using a representative sample of Brazilian households, we specify and estimate a structural model of appliance choice...