Arbeitspapier
The fiscal and intergenerational burdens of brakes and subsidies for energy prices
We study the effects of different financing rules for untargeted energy price brakes and subsidies on intergenerational welfare in a large-scale overlapping generations model. The results indicate that, in comparison to a laissez-faire solution without any government interventions, debt-financed implementations of such measures are very detrimental for young and future generations. However, the taxation of windfall profits can significantly contribute to reduce the economic burdens of these generations, whereas the positive effects on older generations are much less pronounced.
- Sprache
-
Englisch
- Erschienen in
-
Series: Volkswirtschaftliche Diskussionsreihe ; No. 346
- Klassifikation
-
Wirtschaft
Fiscal Policy
Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data)
Taxation, Subsidies, and Revenue: General
Fiscal Policies and Behavior of Economic Agents: General
- Thema
-
Fiscal Policy
Price Brakes
Price Subsidies
Energy Crisis
Welfare
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Scharrer, Christian
Huber, Johannes
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität Augsburg, Institut für Volkswirtschaftslehre
- (wo)
-
Augsburg
- (wann)
-
2023
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Scharrer, Christian
- Huber, Johannes
- Universität Augsburg, Institut für Volkswirtschaftslehre
Entstanden
- 2023
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