Energy Crisis: Inflation, Recession, Welfare Loss

Abstract The German economy is being hit hard by the crisis in the gas markets. Skyrocketing gas prices are drastically increasing energy costs accompanied by a massive withdrawal of purchasing power. This is pushing the German economy into a recession. At the same time, the institutes conclude that...

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Bibliographic Details
Main Authors: Oliver Holtemöller, Stefan Kooths, Torsten Schmidt, Timo Wollmershäuser
Format: Article
Language:deu
Published: Springer 2022-10-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3291-4