Abstract
Taxation of CO2 emissions is expected to exert a strong upward effect on aggregate price development. Therefore, the envisaged return of CO2 revenues to private households should be implemented in a way that neutralises the increase of HCPI. This serves to avoid excessive secondary reactions from wage development, price setting and monetary policy, as seen in the wake of the energy crisis, and to ensure an employment-oriented macroeconomic policy with price stability.
Language: German
Page range: 193 - 199
Published on: Mar 22, 2024
Published by: ZBW – Leibniz-Informationszentrum Wirtschaft
In partnership with: Paradigm Publishing Services
Publication frequency: 12 issues per year
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© 2024 Willi Koll, published by ZBW – Leibniz-Informationszentrum Wirtschaft
This work is licensed under the Creative Commons Attribution 4.0 License.