Policy measures to counter rising energy prices: In-kind transfers, cash transfers and VAT rate cuts
(2022) NEKH03 20221Department of Economics
- Abstract
- This paper examines literature on policies used to compensate households for rising energy costs, including in-kind transfers, cash transfers and VAT reductions. It also shows how targeted transfers stand against universal transfers, and how the policy measures affect energy consumption.
The study shows that the differences between cash transfers and in-kind transfers are generally small, but that energy might be an exception. VAT reductions can successfully decrease prices for some types of energy, but mostly benefits the wealthiest. The costs of targeting transfers are small, particularly when it comes to cash transfers. Energy consumption can be increased by the taken measures, but likely not to a great extent.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9091980
- author
- Nilsson, Pierre LU
- supervisor
- organization
- course
- NEKH03 20221
- year
- 2022
- type
- M2 - Bachelor Degree
- subject
- keywords
- In-kind transfers, cash transfers, VAT, targeting
- language
- English
- id
- 9091980
- date added to LUP
- 2022-10-10 09:12:27
- date last changed
- 2022-10-10 09:12:27
@misc{9091980, abstract = {{This paper examines literature on policies used to compensate households for rising energy costs, including in-kind transfers, cash transfers and VAT reductions. It also shows how targeted transfers stand against universal transfers, and how the policy measures affect energy consumption. The study shows that the differences between cash transfers and in-kind transfers are generally small, but that energy might be an exception. VAT reductions can successfully decrease prices for some types of energy, but mostly benefits the wealthiest. The costs of targeting transfers are small, particularly when it comes to cash transfers. Energy consumption can be increased by the taken measures, but likely not to a great extent.}}, author = {{Nilsson, Pierre}}, language = {{eng}}, note = {{Student Paper}}, title = {{Policy measures to counter rising energy prices: In-kind transfers, cash transfers and VAT rate cuts}}, year = {{2022}}, }