Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/36477
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dc.contributor.authorSejas-Portillo, Rodolfoen_UK
dc.contributor.authorMoro, Mirkoen_UK
dc.contributor.authorStowasser, Tillen_UK
dc.date.accessioned2024-11-15T01:01:48Z-
dc.date.available2024-11-15T01:01:48Z-
dc.identifier.urihttp://hdl.handle.net/1893/36477-
dc.description.abstractUsing British data on over 7 million residential-property sales, we find that the provision of simplified energy-efficiency (EE) information leads to important market effects. UK legislation requires the use of an energy label that shows an EE rating score (1–100) mapped into arbitrary color-coded rating bands (A–G). Applying a regression-discontinuity design, we document significant price discontinuities at rating-band thresholds, providing evidence of heuristic thinking in the market. Importantly, these price discontinuities influence market behavior as sellers are more likely to make EE investments if their property is just below a threshold. We discuss policy considerations and avenues for future research.en_UK
dc.language.isoenen_UK
dc.publisherAmerican Economic Associationen_UK
dc.relationSejas-Portillo R, Moro M & Stowasser T (2024) The Simpler the Better? Threshold Effects of Energy Labels on Property Prices and Energy-Efficiency Investments. <i>American Economic Journal: Applied Economics</i>.en_UK
dc.rightsThis item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.en_UK
dc.subjectJEL: D12en_UK
dc.subjectD40en_UK
dc.subjectD83en_UK
dc.subjectD91en_UK
dc.subjectL15en_UK
dc.subjectQ48en_UK
dc.subjectR31en_UK
dc.titleThe Simpler the Better? Threshold Effects of Energy Labels on Property Prices and Energy-Efficiency Investmentsen_UK
dc.typeJournal Articleen_UK
dc.rights.embargodate2028-06-20en_UK
dc.rights.embargoreason[The_Simpler_The_Better_Nov2023.pdf] The publisher has not responded to our queries therefore there is an embargo on the full text of the work.en_UK
dc.citation.jtitleAmerican Economic Journal: Applied Economicsen_UK
dc.citation.issn1945-7790en_UK
dc.citation.issn1945-7782en_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusAM - Accepted Manuscripten_UK
dc.type.statusNA - Not Applicable (or Unknown)en_UK
dc.author.emailmirko.moro@stir.ac.uken_UK
dc.description.notesOutput Status: Forthcomingen_UK
dc.contributor.affiliationLondon School of Economicsen_UK
dc.contributor.affiliationEconomicsen_UK
dc.contributor.affiliationEconomicsen_UK
dc.identifier.wtid2048671en_UK
dc.date.accepted2024-06-20en_UK
dcterms.dateAccepted2024-06-20en_UK
dc.date.filedepositdate2024-10-03en_UK
rioxxterms.apcnot requireden_UK
rioxxterms.versionAMen_UK
local.rioxx.authorSejas-Portillo, Rodolfo|en_UK
local.rioxx.authorMoro, Mirko|en_UK
local.rioxx.authorStowasser, Till|en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2028-06-20en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/under-embargo-all-rights-reserved||2028-06-19en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/all-rights-reserved|2028-06-20|en_UK
local.rioxx.filenameThe_Simpler_The_Better_Nov2023.pdfen_UK
local.rioxx.filecount2en_UK
local.rioxx.source1945-7790en_UK
Appears in Collections:Economics Journal Articles

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