The paper presented in this QUEST Seminar studies the effect of pecuniary and behavioral inducements on durable goods replacement in a refrigerator replacement program targeted at low-income households. A dataset from a large-scale Germany wide program lets the authors observe investment decisions by 80,000 low-income households eligible for refrigerator replacement. Exploiting exogenously imposed temporal discontinuities in subsidy levels and voucher expiration deadlines, they investigate how the program design affects energy-efficient technology adoption. Both a higher subsidy as well as setting a voucher expiration deadline significantly increase the propensity of low-income households to invest in energy-efficient durables.

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Date

28.03.2022 | 16:00 - 17:00 (CET)

Event Location

Online


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