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that increasing euro area carbon taxes to an interim target level consistent with the transition to a net-zero economy …
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This paper employs stochastic simulations of the New Area-Wide Model - microfounded open-economy model developed at the …
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economy, the introduction of new policy tools and possible limits to the central bank 's toolkit could hamper the …
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that increasing euro area carbon taxes to an interim target level consistent with the transition to a net-zero economy …
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-Wide Model (NAWM), a two-country open-economy model of the euro area developed at the European Central Bank (cf. Coenen et al …
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