High aggregate levels of wildlife consumption in Central African cities may be depleting wildlife populations. This study explores the impacts of demand and supply-side interventions on wild meat consumption through two randomized control trials in restaurants in Kinshasa, Democratic Republic of...

Income is often viewed as the main determinant of life insurance demand. However, in the last two decades, the world's life insurance penetration has continued to decrease even as income grows. This study investigates the relationship between income and life insurance demand using panel data...

We propose a new model in which relationship-specific supply and demand shocks are non-parametrically identified in bipartite data under mild assumptions. For example, separate heterogeneous supply shocks are identified for each firm to which a bank lends. We show that a simple estimator is...

We propose inventory replenishment and lateral transshipment policies for a distribution network. The distribution centers place weekly regular orders and daily urgent orders to the factory. Two classes of stochastic demands, pre-ordered and peddling, cause either backlogging or lost sales when...

Purpose - The contemporary landscape of supply chains necessitates a comprehensive integration of multiple components encompassing production, distribution and customer engagement. The pursuit of supply chain harmony underscores the significance of pricing strategies within the framework of...

Die WIFO-Studie "Inflation und Außenwirtschaft" untersucht den komplexen Zusammenhang zwischen Inflation und Außenwirtschaft, insbesondere im Kontext der jüngsten Inflationswelle. Die zentralen Erkenntnisse zeigen, dass der theoretische Zusammenhang zwischen Inflation und Außenwirtschaft...

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,...

We study how demand uncertainty affects risk-neutral firms' number of export destinations when uncertainty is resolved after firms choose their export destinations and output. We show that firms' ability to allocate their output across destinations in response to destination-specific shock...

We develop a new approach to estimating flexible demand models with exogenous supply-side shocks. Our approach avoids conventional assumptions of exogenous product characteristics, putting no restrictions on product entry, despite using instrumental variables that incorporate characteristic...

Prepaid electricity contracts lower enforcement costs but may burden consumers, particularly when market frictions are present. This paper presents the results of a randomized control trial where 2,000 randomly selected, rural Rwandese consumers were offered a line of credit for electricity...

Housing expenditure shares decline with income. A household's income determines its sensitivity to housing costs and drives its location decision. Has spatial skill sorting increased because low income individuals are avoiding increasingly expensive regions? I augment a standard quantitative...

Background: Accurate inventory management of intermittent spare parts requires precise demand forecasting. The sporadic and irregular nature of demand, characterized by long intervals between occurrences, results in a significant data imbalance, where demand events are vastly outnumbered by...

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...

There is limited theoretical understanding of cost pass-through within markets where prices are dispersed. Under a general demand function, we analyse the effects of cost changes in a seminal model of price dispersion, where some consumers are captive to particular sellers while others are not...

We study how demand uncertainty affects risk-neutral firms. number of export destinations when uncertainty is resolved after firms choose their export destinations and output. We show that firms’ ability to allocate their output across destinations in response to destination-specific shock...

Die WIFO-Studie "Inflation und Außenwirtschaft" untersucht den komplexen Zusammenhang zwischen Inflation und Außenwirtschaft, insbesondere im Kontext der jüngsten Inflationswelle. Die zentralen Erkenntnisse zeigen, dass der theoretische Zusammenhang zwischen Inflation und Außenwirtschaft...

This report provides estimates of structural (demographic) housing demand at a regional level. Any assessment of structural future housing demand relies on assumptions around (1) population growth, (2) headship rates (the typical household size) and (3) rates of obsolescence of the housing...

The last mile delivery is particularly challenging for stochastic deliveries with narrow time windows. This topic is timely due to the rise of e-commerce and courier type services and the impacts of fleet size and vehicle type on delivery costs. A novel contribution of this research is to...

By applying a structural demand model to unique consumer-level survey data from the euro area, we assess how different CBDC design options, combined with individual (revealed) preferences, influence the potential demand for a digital euro. Estimating the demand for a digital euro, we find that...