Advocating for low-carbon residential energy usage is crucial for attaining China's carbon neutrality objectives. This study utilizes a stratified survey of 741 households in Zhongshan to investigate the interplay between educational attainment and environmental responsibility awareness in...

Medical spending is highly concentrated at the end of life and varies widely across patients, raising a first-order welfare question about whether marginal end-of-life spending reflects waste or generates meaningful benefits. Using Austrian administrative data, we document that endof- life...

We study how consumers form and revise inflation expectations using a unique, highly balanced monthly panel of Dutch households. We develop a Bayesian framework that nests Full-Information Rational Expectations (FIRE) alongside common forecasting heuristics and test it by recovering...

Mini-grids are emerging as a key solution to electrify access-deficit communities, yet their effectiveness in improving energy access and household welfare remains underexplored. This paper provides novel evidence from Tanzania, where a policy reform doubled the number of mini-grids since 2008....

Time poverty is a key yet conceptually contested dimension of household living standards. Both univariate and bivariate measures remain debated because there is no clear consensus on how to define and quantify socially necessary unpaid work, the time that money cannot substitute for, across...

Using survey data from Austrian households, this paper examines how personality traits influence households' inflation expectations. We measure the Big Five personality traits and show they explain 70 % more of the differences in expectations than sociodemographic factors like age and income...

We study how individuals' views on current and future levels of income inequality change during periods of expansionary fiscal policy. In a randomized controlled trial (RCT), we provide information on fiscal expansion to a representative sample of the German population. Our findings reveal that...

Using k-means clustering, we analyse two years of hourly electricity consumption data from approximately 4,000 households, based on specific consumption features. We identify three distinct clusters with clearly differentiated consumption levels and daily load profiles. A multinomial logit model...

We examine the impact of monetary and non-monetary incentives, individually and combined, on residential electricity consumption. A field experiment in Switzerland provided all participants with access to a custom-developed app offering feedback on electricity use and energy-saving tips. In...

I study how the cognitive demands of financial planning shape household decisionmaking with respect to consumption out of windfall income shocks. I build a quantitative model of bounded rationality in which reoptimization is costly. Households respond to windfall income shocks by choosing a...

In this article, we compare adoption preferences for three important clean energy technologies-rooftop solar PV, heat pumps and electric vehicles using primary data from a nationally representative household survey in Ireland. The survey questionnaire explored a wide range of techno-economic,...

We test whether forecast bias affects individual investors' stock trading by combining bias measures from laboratory experiments with administrative trade data. Forecast bias is positively associated with past excess returns of purchased stocks: Compared to contrarians, extrapolators purchase...

Rund 28% des jährlichen Endenergieverbrauchs in Deutschland entfällt laut der Arbeitsgemeinschaft Energiebilanzen (AGEB) auf den Sektor der privaten Haushalte. Weitere 31% der Endenergie werden vom Verkehrssektor verbraucht. Haushalte verwenden Energie insbesondere für die Erzeugung von...

Im Rahmen der Konzertierten Aktion zur Abfederung der Folgen der Energiepreiskrise hat die Bundesregierung 2022 den Unternehmen die Möglichkeit eingeräumt, ihren Beschäftigten bis Ende 2024 jeweils bis zu 3.000 Euro steuer- und abgabenfrei auszuzahlen. Mit dieser Maßnahme sollten die...

In Folge der Bürgergeld-Reform erlebte die Debatte um das Lohnabstandsgebot eine wahre Renaissance: Lohnt sich Arbeit in Deutschland noch? Während Stimmen aus der Wissenschaft immer wieder darauf hinweisen, dass Arbeit auch nach der Bürgergeldreform immer mit einem Einkommenszugewinn...

The German Heating and Housing Panel is an annual series of surveys on the heating transition with around 15,000 participating households in Germany. The survey, carried out as part of the Kopernikus project Ariadne (see https://ariadneprojekt.de/en/) funded by the Federal Ministry of Education...

Exposure to extreme weather events and other adverse shocks has led to an increasing number of humanitarian crises in developing countries in recent years. These events cause acute suffering and compromise future welfare by adversely impacting human capital formation among vulnerable...

Climate shocks increase poverty and reduce development gains and productive investments, in part because vulnerable households have poor financial resilience, are often not covered by public safety nets, and therefore have little ability to cushion the impacts of shocks. Globally, nearly one in...

This paper analyzes the welfare impacts of import bans in Nigeria, and how these are shaped by evasion. Bans were not effectively enforced, and contributed to informal trade. The imposition of bans nonetheless increased consumer prices by 5.8% on average. However, price increases are...

Floods are becoming more frequent and severe due to climate change, population growth, and land cover changes. In Paraguay, floods are the most common weather-related hazard and disproportionately impact poor and vulnerable populations. This study contributes to understanding household-level...

We study the spillover effects of cognitive decline in one member of a coupled household on the financial outcomes of their partner and assess how "own" and spillover effects are moderated by the structure of household financial decision-making. We use a large, nationally representative...

In many developing nations, modern energy sources are seen not only as cleaner and more efficient than traditional fuels, but also as important for achieving socio-economic development. Hence, from an energy policy perspective, households should switch to using modern energy sources. However,...

Dynamic pricing strategy is a well-known method for utility pricing used in many parts of the world and is rapidly growing in trend due to its ability to adjust utility pricing to the utmost real-time calculations. One such method is what we call Time-of-Use (TOU), a strategy that adjusted...