. (2022) even presented 0.3% GDP loss in the case of an embargo as the headline number in a follow-up report for the French …, and also strongly biased towards finding small effects of a gas embargo: this is true of the (so-called) "Baqaee …

attainable when sanctions are scaled vertically up to an embargo, and horizontally up to a global regime. Relative to unilateral …

less effective in the case of an embargo shock. In particular a reduction of the energy tax is completely ineffective when … there is an embargo. In contrast, in the event of a price markup shock, an energy tax reduction is effective because it … counteracts the price increase and allows companies to respond according to their energy demands.In the case of an embargo, we …