Question 3: Should a windfall tax be used to (fully or partially) finance support to households?
Answer:
No opinion or other
Confidence level:
Not confident at all
Question 2: Which of the following is the best way to address the impact of rising energy costs on household finances?
Answer:
Conditional/targeted transfers
Confidence level:
Confident
Comment:
In terms of the crisis, policy is not able to offset the high energy costs and so the question is how to distribute the costs. Targeted transfers can do this. And given the need to reduce energy usage to try to achieve climate goals, allowing prices to rise especially for heavier users can help too.
Failing this, a lump sum transfer at least has the property of being relatively more valuable for poorer households.
that it can
Question 1: Overall, which of the following best characterises how the government’s proposed energy policies will leave the average UK household over the medium term:
Answer:
No better nor worse
Confidence level:
Confident
Comment:
Over the near term, the decision has clearly been to transfer a large part of the burden of the shock to energy prices to future generations. It is not clear whether the costs of this will start to kick in in the medium run so I voted for neutral but the I think the net effect will be positive in the near term and negative in the long-run.
The CFM surveys informs the public about the views held by prominent economists based in Europe on important macroeconomic and public policy questions. Some surveys focus specifically on the UK economy (as the CFM is a UK research centre), but surveys can in principle focus on any macroeconomic question for any region. The surveys shed light on the extent to which there is agreement or disagreement among these experts. An important motivation for the survey is to give a more comprehensive overview of the beliefs held by economists and in particular to include the views of those economists whose opinions are not frequently heard in public debates.
Questions mainly focus on macroeconomic and public policy topics. Although there are some questions that focus specifically on the UK economy, the setup of the survey is much broader and considers questions related to other countries/regions and also considers questions not tied to a specific economy.
The surveys are done in collaboration with the Centre for Economic Policy Research (CEPR).
Assisting Households Facing Rising Energy Costs
Question 3: Should a windfall tax be used to (fully or partially) finance support to households?
Question 2: Which of the following is the best way to address the impact of rising energy costs on household finances?
Question 1: Overall, which of the following best characterises how the government’s proposed energy policies will leave the average UK household over the medium term:
Levelling Up Productivity Gaps in the UK
Question 2: Which policies could best help reduce regional productivity disparities?
Question 1: What is the primary factor driving regional productivity disparities in the UK?
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