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作者：Gerster, Andreas; Andor, Mark A.; Goette, Lorenz
作者单位：Johannes Gutenberg University of Mainz; Leibniz Association; RWI - Leibniz Institut fur Wirtschaftsforschung; Ruhr University Bochum; National University of Singapore
摘要：We investigate the impact of providing households with disaggregate consumption feedback and develop a framework to assess its welfare implications. In the context of smart metering, we find that the provision of appliance-level feedback causes an energy conservation effect of 5% relative to a group receiving standard (aggregate) feedback. Hence, a smart meter rollout will be substantially more effective if appliance-level feedback is provided. We also show that the current regulatory approach...
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作者：Dengler, Thomas; Gehrke, Britta; Zessner-Spitzenberg, Leopold
作者单位：Deutsche Bundesbank; Free University of Berlin; IZA Institute Labor Economics; Technische Universitat Wien
摘要：During the COVID-19 crisis, most OECD countries used short-time work (subsidised reductions in working hours) to preserve employment. This paper documents that short-time work affects the behaviour of firms (supply) and households (demand). First, using household survey data from Germany, we show that the consumption risk of short-time work is lower than that of unemployment. Second, we construct a New Keynesian model with heterogeneous workers and firms, incomplete asset markets and labour ma...
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作者：Bartling, Bjorn; Valero, Vanessa; Weber, Roberto A.
作者单位：University of Zurich; IMT - Institut Mines-Telecom; Institut Mines-Telecom Business School
摘要：We investigate the relationship between consumers' incomes and socially responsible consumption that mitigates negative externalities. We conduct laboratory and online market experiments in which firms and consumers can exchange products that differ in the degree to which they diminish negative external impacts at the expense of higher production costs. Our treatments exogenously vary consumers' incomes. Across all three experiments, higher income causes an increase in the quantity of socially...
