A silver lining to the European energy crisis: Energy efficiency, productivity, and potential output
A silver lining to the European energy crisis: Energy efficiency, productivity, and potential output
cepr.org
A silver lining to the European energy crisis: Energy efficiency, productivity, and potential output
The 2022 natural gas price shock triggered the largest rise in fossil fuel prices in Europe since the 1970s. This column examines the impact on euro area potential output, showing that the decline was...
