Energy populism and household welfare
We study a cycle of energy prices and estimate its welfare impact on households. A simple framework explains its emergence in terms of the preference of a median household (voter) for receiving transfer gains followed by a future flow of transfer losses. We evaluate actual transfers and welfare effe...
Guardado en:
| Autores principales: | , , |
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| Formato: | Objeto de conferencia |
| Lenguaje: | Inglés |
| Publicado: |
2009
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| Materias: | |
| Acceso en línea: | http://sedici.unlp.edu.ar/handle/10915/170207 |
| Aporte de: |
| Sumario: | We study a cycle of energy prices and estimate its welfare impact on households. A simple framework explains its emergence in terms of the preference of a median household (voter) for receiving transfer gains followed by a future flow of transfer losses. We evaluate actual transfers and welfare effects that a departure of prices of natural gas and electricity generation from opportunity costs since 2003 had on households in the Buenos Aires Metropolitan Region (AMBA) and explore the impact of a way back to opportunity cost pricing. |
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