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 with 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.
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| Author: | Johannes Huber, Christian ScharrerGND |
|---|---|
| Frontdoor URL | https://opus.bibliothek.uni-augsburg.de/opus4/109577 |
| ISSN: | 0927-5940OPAC |
| ISSN: | 1573-6970OPAC |
| Parent Title (English): | International Tax and Public Finance |
| Publisher: | Springer Science and Business Media LLC |
| Type: | Article |
| Language: | English |
| Date of first Publication: | 2023/10/30 |
| Publishing Institution: | Universität Augsburg |
| Release Date: | 2023/11/29 |
| Tag: | Economics and Econometrics; Finance; Accounting |
| DOI: | https://doi.org/10.1007/s10797-023-09807-8 |
| Institutes: | Wirtschaftswissenschaftliche Fakultät |
| Wirtschaftswissenschaftliche Fakultät / Institut für Volkswirtschaftslehre | |
| Wirtschaftswissenschaftliche Fakultät / Institut für Volkswirtschaftslehre / Lehrstuhl für Finanzwissenschaft | |
| Dewey Decimal Classification: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
| Latest Publications (not yet published in print): | Aktuelle Publikationen (noch nicht gedruckt erschienen) |
| Licence (German): |  CC-BY 4.0: Creative Commons: Namensnennung (mit Print on Demand) |
