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Rebound Effect in Energy Efficient Appliance Adopting Households
This paper uses data from smart meter technology to estimate the occurrence of energy rebound, a “substitution” and “income’ effect where the price-per-use of an appliance falls relative to its energy efficiency. This ...
Tracking the Work Histories of Low-Wage Workers
It is critical that policy makers and researchers have an idea of what future earnings look like for a typical low-wage worker, and how this picture differs for individuals of various socio-demographic characteristics. In ...
An Explanation for Beta's Mean-reversion
This study aims to improve upon the CAPM by showing that the beta risk value of a stock is mean reverting and this mean reverting tendency is caused by firms' growth. Ninety stocks categorized into three sets (small ...