Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/279983 
Year of Publication: 
2023
Citation: 
[Journal:] EconPol Forum [ISSN:] 2752-1184 [Volume:] 24 [Issue:] 4 [Year:] 2023 [Pages:] 57-60
Publisher: 
CESifo GmbH, Munich
Abstract: 
Government support for firms and households accounts for a substantial part of national budgets. Traditional support measures for the corporate sector mostly benefit carbon-intensive sectors and dwarf new green support measures. Untargeted, across-the-board income support measures to households are not efficient because they benefit high-income households, which tend to have a larger carbon footprint. Non-standard monetary policy has taken the form of an unprecedented economic stimulus, which has mostly benefited carbon-intensive sectors. The EU must use institutional leverage to change the allocation of fiscal and monetary support
Document Type: 
Article

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