Design and implementation of the price cap on Russian oil exports.

Basic economics teaches that price caps are bad – limiting the price of a good distorts demand and discourages producers from supplying the market. So why did the Biden Administration, led by Janet Yellen, the consummate economist, champion a price cap on oil from Russia after it invaded Ukraine in...

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Publicado en:Journal of Comparative Economics Vol. 51; no. 4; pp. 1244 - 1253
Autores principales: Johnson, Simon, Rachel, Lukasz, Wolfram, Catherine
Formato: Artículo
Publicado: Academic Press Inc. Dec2023
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Acceso en línea:Ver este registro en EBSCOhost