Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267097 
Title (translated): 
Navigating the jungle of possibilities
Year of Publication: 
2022
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 102 [Issue:] 10 [Publisher:] Springer [Place:] Heidelberg [Year:] 2022 [Pages:] 745-748
Publisher: 
Springer, Heidelberg
Abstract (Translated): 
Living costs in Germany have surged since Russia's attack on Ukraine. In this article, we discuss pros and cons of different government policies to protect affected citizens. There is a vast domain of possible relief options, each coming with its own trade-offs and design pitfalls. Information gaps in German public administration render desirable options like income and energy-use-contingent transfers administratively infeasible. These frictions should be addressed - if not for the present, then for the next crisis. With regard to other options, governments must be mindful to design policies that are well-targeted to people in need and that do not distort incentives to reduce energy consumption. Possibilities for that do exist.
JEL: 
H12
H53
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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