Monday Morning Research Roundup
Posted in Central Planning on Oct 6th, 2014
How well did federal ARRA (i.e. stimulus) funds, sent through the states, for appliance efficiency do? You be the judge. I am sure this will get wide press coverage and thoughtful conversation.Using transaction-level data on appliance sales, we show that most program participants were inframarginal due to important short-term intertemporal substitutions where consumers delayed their purchases […]