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.
| Author: | Christian ScharrerORCiDGND, Johannes Huber |
|---|---|
| URN: | urn:nbn:de:bvb:384-opus4-1139491 |
| Frontdoor URL | https://opus.bibliothek.uni-augsburg.de/opus4/113949 |
| Series (Serial Number): | Volkswirtschaftliche Diskussionsreihe (346) |
| Publisher: | Volkswirtschaftliches Institut, Universität Augsburg |
| Place of publication: | Augsburg |
| Type: | Working Paper |
| Language: | English |
| Date of Publication (online): | 2024/07/10 |
| Year of first Publication: | 2023 |
| Publishing Institution: | Universität Augsburg |
| Release Date: | 2024/07/10 |
| Tag: | JEL: E62, E30, H20, H30 |
| Page Number: | 24 |
| Institutes: | Wirtschaftswissenschaftliche Fakultät |
| Wirtschaftswissenschaftliche Fakultät / Institut für Volkswirtschaftslehre | |
| Wirtschaftswissenschaftliche Fakultät / Institut für Volkswirtschaftslehre / Lehrstuhl für Finanzwissenschaft | |
| Schriftenreihen / Volkswirtschaftliche Diskussionsreihe | |
| Dewey Decimal Classification: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
| Journals: | Volkswirtschaftliche Diskussionsreihe |
| Licence (German): |  Deutsches Urheberrecht |
