This paper explores the distributive impact of a hypothetical carbon tax on households' transport and energy consumption in Belgium. It focuses on the welfare effects across population groups and along the income distribution, as well as on the expected budgetary and environmental effects,...

Reducing meat consumption has become a global policy target due to rising environmental, health, and animal welfare concerns. We provide novel evidence on how price change in real life affects grocery shopping behavior in the Netherlands. We focus on price-induced behavioral response among major...

Analyzing the impact of electricity price changes on electricity demand helps in energy supply planning. This study estimated the electricity demand functions of households and industries, as well as the impact of electricity price hikes on electricity demand following natural disasters. We...

Blockchains, the technology underlying cryptocurrencies, face large fluctuations in user demand and marginal costs. These fluctuations make effective fee policies necessary to manage transaction service allocation. This paper models the conflict between the blockchain designer and validators...

This research paper presents new gasoline demand price elasticity estimates for California. The study leverages the unique characteristics of California's gasoline market and introduces a new set of proposed instruments. As a first step, the study takes advantage of California's partially...

This paper analyzes the effect of commodity price fluctuations on a commodity-exporting economy. Using Chilean and international copper market data, I find that positive copper price changes resulting from copper-specific demand shocks generate a broad GDP expansion, with no visible decline in...

The conventional wisdom is that a big jurisdiction sets a higher tax rate than a small jurisdiction. We show this result arises due to simplifying assumptions that imply tax-base sensitivities are equal across jurisdictions. When more than two jurisdictions compete in commodity taxes, tax-base...

This study applies the Quadratic Almost Ideal Demand System (QUAIDS) to the Asian Development Bank's Multi-Region Input-Output (MRIO) dataset to estimate global demand and supply elasticities across intermediate vs. final, and domestic vs. foreign sectors. Using pooled data from 2021-2023,...

Der russische Überfall auf die Ukraine hat im Jahr 2022 in Deutschland eine Energiekrise ausgelöst: Die Verbraucherpreise für Heizenergieträger stiegen im Laufe des Jahres drastisch. Aus Sorge vor einer Gasmangellage wurden verschiedene Energiesparprogramme aufgelegt. Die Bundesregierung und...

The study aims to explore tourists' booking intentions by analyzing the price elasticity of demand in tourist accommodations. This analysis should reveal how changes in price affect booking behavior across different customer segments, using online booking records. A dataset was compiled from 106...

As the demand for critical minerals to the energy transition strongly grows, it is crucial to understand whether their supply is able to match it. In this paper, we address this question by estimating the price elasticity of supply for 8 minerals between 2000 and 2019, using mine-level...

We identify supply and demand shocks to the real price of natural gas in the Euro Area and the United States. Demand shocks are identified using exogenous temperature variations, while supply shocks are identified through a high-frequency strategy based on an extensive collection of...

Der russische Überfall auf die Ukraine hat im Jahr 2022 in Deutschland eine Energiekrise ausgelöst: Die Verbraucherpreise für Heizenergieträger stiegen im Laufe des Jahres drastisch. Aus Sorge vor einer Gasmangellage wurden verschiedene Energiesparprogramme aufgelegt. Die Bundesregierung und...

The Russian invasion of Ukraine in 2022 triggered an energy crisis in Germany, with consumer energy prices skyrocketing over the course of the year. Due to concerns about gas shortages, various programs aimed at reducing consumption were set up and the German Federal Government and numerous...

The Russian invasion of Ukraine in 2022 triggered an energy crisis in Germany, with consumer energy prices skyrocketing over the course of the year. Due to concerns about gas shortages, various programs aimed at reducing consumption were set up and the German Federal Government and numerous...

This article investigates household consumption in 2011 and 2021, to see if there is evidence of changes in household demands of food. The European policy from Farm to Fork aims at providing sustainable, healthy food for all consumers, through an increase in vegetable consumption at the expense...

Reducing meat consumption has become a global policy target due to rising environmental, health, and animal welfare concerns. We provide novel evidence on how price change in real life affects grocery shopping behavior in the Netherlands. We focus on price-induced behavioral response among major...

Blockchains, the technology underlying cryptocurrencies, face large fluctuations in user demand and marginal costs. These fluctuations make effective fee policies necessary to manage transaction service allocation. This paper models the conflict between the blockchain designer and validators...

The timing of payment can enhance salience, making customers more price-responsive when paying before consumption rather than after. This study examines Indonesia’s nationwide switch to prepaid electricity metering, impacting over 40 million households. We find that prepaid metering users are...

Economic growth is often associated with welfare gains through job creation. However, the number and quality of new job opportunities created in a growing economy vary across countries and sectors, due in great part to changes in labor productivity. This paper provides estimates of country and...

Aim: As part of its climate and sustainability policies, the European Union actively fosters the transition from air to rail travel, for example by improving the international railway infrastructure, liberalizing the European railway market and introducing an international booking system for...

The timing of payment can enhance salience, making customers more price-responsive when paying before consumption rather than after. This study examines Indonesia's nationwide switch to prepaid electricity metering, impacting over 40 million households. We find that prepaid metering users are...

We use micro-level data on fuel consumption, mileage, and travel mode to study plug-in hybrid drivers’ response to fuel prices. When fuel prices rise, plug-in hybrids reduce fuel consumption more than gasoline and diesel cars. They do not reduce their mileage but increase electric recharging,...

Exploiting exogenous variation in retail fuel prices from a temporary fuel tax discount in Germany, we estimate how the pass-through of the discount varies over space and time. We draw on daily gasoline prices of virtually all gas stations in Germany and neighboring France, with France serving...