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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| Format: | Article |
| Language: | deu |
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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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| _version_ | 1832572826473725952 |
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| author | Werner Röger Paul J. J. Welfens |
| author_facet | Werner Röger Paul J. J. Welfens |
| author_sort | Werner Röger |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-9e4a7740b63648c9bd003216d8831ac9 |
| institution | Kabale University |
| issn | 1613-978X |
| language | deu |
| publishDate | 2022-11-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Wirtschaftsdienst |
| spelling | doaj-art-9e4a7740b63648c9bd003216d8831ac92025-02-02T07:07:37ZdeuSciendoWirtschaftsdienst1613-978X2022-11-011021186587210.1007/s10273-022-3309-yGas Price Cap, Electricity Market and Macro Effects in Germany and the EUWerner Röger0Paul J. J. Welfens1VIVES - Research Centre for Regional Economics, KU LeuvenEuropean Institute for International Economic Relations, University of WuppertalAbstract 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.https://doi.org/10.1007/s10273-022-3309-y |
| spellingShingle | Werner Röger Paul J. J. Welfens Gas Price Cap, Electricity Market and Macro Effects in Germany and the EU Wirtschaftsdienst |
| title | Gas Price Cap, Electricity Market and Macro Effects in Germany and the EU |
| title_full | Gas Price Cap, Electricity Market and Macro Effects in Germany and the EU |
| title_fullStr | Gas Price Cap, Electricity Market and Macro Effects in Germany and the EU |
| title_full_unstemmed | Gas Price Cap, Electricity Market and Macro Effects in Germany and the EU |
| title_short | Gas Price Cap, Electricity Market and Macro Effects in Germany and the EU |
| title_sort | gas price cap electricity market and macro effects in germany and the eu |
| url | https://doi.org/10.1007/s10273-022-3309-y |
| work_keys_str_mv | AT wernerroger gaspricecapelectricitymarketandmacroeffectsingermanyandtheeu AT pauljjwelfens gaspricecapelectricitymarketandmacroeffectsingermanyandtheeu |