Are home buyers inattentive? Evidence from capitalization of energy costs
This paper explores whether home buyers are attentive to energy costs. The cost- effectiveness of market- based pollution policies crucially depends on whether consumers are attentive to energy costs when purchasing energy- using durables. I exploit energy-cost variation from fuel-price changes in M...
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| Format: | Article |
| Language: | English |
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American Economic Association
2019
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| Online Access: | View Fulltext in Publisher |