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X-WR-CALNAME:Department of Economics | IP Paris
X-ORIGINAL-URL:https://econ.ip-paris.fr
X-WR-CALDESC:Events for Department of Economics | IP Paris
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DTSTART:20240331T010000
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DTSTART;TZID=Europe/Helsinki:20241216T121500
DTEND;TZID=Europe/Helsinki:20241216T133000
DTSTAMP:20260408T033630
CREATED:20241205T111513Z
LAST-MODIFIED:20241205T130240Z
UID:15617-1734351300-1734355800@econ.ip-paris.fr
SUMMARY:Etienne FIZE  (PSE) "Incidence of means-tested subsidies to housing retrofit: Evidence from France"
DESCRIPTION:[vc_row][vc_column][vc_column_text]Macro seminar\nTime : 12h15 – 13h30 \nDate : 16th  December 2024 \nSalle 3001 \nEtienne FIZE (PSE) “Incidence of means-tested subsidies to housing retrofit: Evidence from France” \nAbstract: We study the incidence of subsidizing housing retrofits. We leverage cross-sectional and temporal variation in the main policy instrument aimed at fostering housing energy efficiency investment by French households. Under the new\, means-tested scheme\, households who receive higher subsidies that are discontinuously face an even lower total price for a given renovation step. We show that this over-100\% pass-through rate is consistent with rationed local markets where renovation firms can exert market power and discriminate across households’ eligibility status\, and where demand for renovation is steep. We corroborate this intuition empirically using a regression discontinuity design.  Next\, we exploit the differential exposure of firms to the reform. Using a difference in difference strategy across eligible and non-eligible firms in the construction sector\, we study the effect of the reform on the renovation market. \nJoint work : Paul Dutronc-Postel (IPP) et Aurel Mélard (CREST) \n
URL:https://econ.ip-paris.fr/event/etienne-fize-pse-t-b-a/
CATEGORIES:Macroeconomics,Seminars
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