Showing 1 - 10 of 157
Germany intends to reach climate neutrality in 2045, tripling the speed of emission reductions that was achieved between 1990 and 2019. Soaring energy prices and the need to replace Russian energy imports have amplified the urgency to act. Various policy adjustments are needed to ensure...
Persistent link: https://www.econbiz.de/10014435965
This study analyses the economic effects of the EU's ‘Fit for 55’ climate mitigation policies using the OECD ENV-Linkage model, a dynamic, global Computable General Equilibrium model. The model projects macroeconomic, sectoral, energy and emission trends for the EU, and for the five largest...
Persistent link: https://www.econbiz.de/10014491355
This paper studies the potential impact of higher carbon taxation - to reach the government’s emission targets by 2030 - on Iceland’s economy. The paper is divided into two parts. First, a DSGE modelling exercise suggests that the equivalent of an oil price hike of between 30% and 55% is...
Persistent link: https://www.econbiz.de/10013202467
countries and 13 policy instruments, focussing on climate change and air pollution mitigation policies. It up-grades the index …
Persistent link: https://www.econbiz.de/10013174592
air pollution, are scored and aggregated into composite EPS indexes. Two EPS indexes are proposed – one for the energy …
Persistent link: https://www.econbiz.de/10012449747
The degradation of the environment due to climate change and pollution can harm living standards and damage growth … accumulated over the years highlight the challenges of reducing greenhouse gas emissions and water pollution in a cost ….oecd.org/eco/surveys/Belgium).<P>Une croissance plus verte en Belgique<BR>La dégradation de l’environnement due au changement climatique et à la pollution peut porter …
Persistent link: https://www.econbiz.de/10009321199
OECD work prior to the financial crisis suggested that real prices in several housing markets had become vulnerable to a change in financial and economic conditions, with the risk of a subsequent downturn becoming increasingly possible, as proved to be the case. With corrections in many, but not...
Persistent link: https://www.econbiz.de/10009191039
Using a panel of OECD countries, this study assesses the linkages between structural policies and macroeconomic stability. Business cycle and time-series characteristics of GDP and its components are employed to define various measures for economic instability and for the persistence of adverse...
Persistent link: https://www.econbiz.de/10011276797
After the launch of the single currency the euro exchange rate fell and interest rates had converged towards the (low) German level. These shocks have worked out differently for the small and large countries. Housing markets have acted as an important vehicle of transmission of these shocks onto...
Persistent link: https://www.econbiz.de/10005045740
House prices have been moving up strongly in real terms since the mid-1990s in the majority of OECD countries, with the ongoing upswing the longest of its kind in the OECD area since the 1970s. If interest rates were to rise significantly, real house prices may be at risk of nearing a peak. The...
Persistent link: https://www.econbiz.de/10005045913