Heterogeneous household responses to energy price shocks

We use survey evidence on reported spending in hypothetical energy price shock scenarios to study novel features of the price elasticity of energy demand ...

Heterogeneous Household Responses to Energy Price Shocks

We use survey evidence on reported spending in hypothetical energy price shock scenarios to study novel features of the price elasticity of energy demand ...

Heterogeneous Household Responses to Energy Price Shocks

We find that the price elasticity is significantly larger for price increases than price decreases and diminishes heavily for greater price ...

Heterogeneous household responses to energy price shocks | nbb.be

Heterogeneous household responses to energy price shocks ... Peersman, G. / Wauters, J. ... We use survey evidence on reported spending in hypothetical energy price ...

Heterogeneous household responses to energy price shocks

There is also considerable heterogeneity across households. For price increases, the elasticity of energy demand appears to be significantly larger for ...

Heterogeneous Household Responses to Energy Price Shocks

For the MPC, we document greater responses of non-energy consumption when energy prices increase compared to price decreases. MPCs are also ...

Heterogeneous household responses to energy price shocks

There is also considerable heterogeneity across households. For price increases, low-income families and those planning major home renovations ...

Heterogeneous effects of monetary tightening in response to energy ...

Indeed, in our model households with little wealth are affected the most by an energy price shock. Under a passive policy response, the decline ...

Heterogeneous effects of monetary tightening in response to energy ...

This approach ties in with and extends other recent research using models with multiple households to analyse energy price shocks and the effect ...

Energy prices and household heterogeneity: Monetary policy in a ...

Analogous to the baseline model, the effects of an energy price shock are contingent on the elasticity of substitution between energy and domestically produced ...

Energy Prices and Household Heterogeneity: Monetary Policy in a ...

the optimal monetary policy response when accounting for such demand side effects of an energy price shock. Recent studies have noted the distributional impact ...

Energy Prices and Household Heterogeneity: Monetary Policy in a ...

... household heterogeneity affect the ... shocks in a heterogeneous ... FIGURE 6: Dynamic Responses to a Global Energy Price Shock: Optimal Policy with ...

Heterogeneous household responses to energy price shocks

Presentation: Heterogeneous household responses to energy price shocks. 61 views · 2 years ago ...more. National Bank of Belgium. 1.95K.

Energy Prices and Household Heterogeneity: Monetary Policy in a ...

Higher price flexibility insures firm profits from adverse energy price shocks, further depressing labor income and demand. We illustrate how ...

Energy price shocks, monetary policy and inequality

The rise in energy prices and subsequent policy response naturally have heterogeneous effects on ... of households and firms to respond to the shock in relative ...

Energy prices and household heterogeneity: monetary policy in a ...

Finally, the contractionary effect of an energy price shock on demand cannot be generalised to alternate supply shocks, as the specific nature ...

Heterogeneous household responses to energy price shocks | nbb.be

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Distributional and climate implications of policy responses to energy ...

Which households are most affected by energy price shocks? How do interventions in energy markets affect these patterns? To investigate these ...

Inflation is not equal for all: the heterogenous effects of energy shocks

Abstract. Energy price shocks broaden inflation inequality, measured by the gap between consumer prices for households at the bottom and top of the ...

Policy responses to energy price shocks

rate any heterogeneity in the price elasticity of energy consumption. In other words, households with different socio-demographic characteristics might respond ...