Gas Price Cap, Electricity Market and Macro Effects in Germany and the EU
Abstract Since late summer 2022, policymakers in Germany and many other European Union countries have increasingly discussed imposing a gas price cap and introducing transfer payments to private households. Against the background of current policy proposals with a rather limited analytical foundatio...
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| Main Authors: | , |
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| Format: | Article |
| Language: | deu |
| Published: |
Sciendo
2022-11-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-022-3309-y |
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| Summary: | Abstract Since late summer 2022, policymakers in Germany and many other European Union countries have increasingly discussed imposing a gas price cap and introducing transfer payments to private households. Against the background of current policy proposals with a rather limited analytical foundation for gas price caps, the following model based analysis with a special emphasis on a gas price cap only in the electricity market — combined with certain transfers — is optimal from a economic perspective. |
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| ISSN: | 1613-978X |