Energy Prices Don’t Curb Demand as Much as Policymakers Think
Raising energy prices hardly changes how much households heat or cool. It mostly just makes them poorer.
Economist
Chemnitz, Germany
Teresa Schäfer olds a PhD in Economics (Dr. rer pol.) from Chemnitz University of Technology with a dissertation entitled “Three Essays on Energy Price Elasticities and Carbon Pricing.” She is currently a researcher at the Chair of Macroeconomics at Chemnitz University of Technology, where she is working on a meta-analysis of the price elasticity of heating and cooling energy demand. Her research interests include energy and environmental economics, macroeconomic policy, and the ecological transition.