Why "Energy Price Brakes" Encourage Moral Hazard, Raise Energy Prices, and Reinforce Energy Savings.

To help households and firms with exploding energy costs in the aftermath of the Ukraine war, a new policy called the "energy price brake" was implemented. A unique feature of this relief measure is that it provides a transfer that increases in the consumer's contractual per‐unit price of energy. In...

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Detalles Bibliográficos
Publicado en:RAND Journal of Economics (Wiley-Blackwell) Vol. 56; no. 2; pp. 129 - 145
Autores principales: Dertwinkel‐Kalt, Markus, Wey, Christian
Formato: Artículo
Publicado: Wiley-Blackwell Summer2025
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Acceso en línea:Ver este registro en EBSCOhost