Carattini, Stefano; Kim, Giseong; Melkadze, Givi; … - 2023
-country, dynamic general equilibrium model with financial frictions, climate policies, including carbon tariffs, and macroprudential … policies. Using the calibrated model, we evaluate spillovers from unilateral domestic carbon pricing to foreign economies and … back. We also examine more ambitious climate architectures involving carbon tariffs or a global carbon price. We find that …