entails a transitory rise in inflation and a lasting, albeit moderate decline in GDP. We show that the short and medium …

What is the effect of climate policies on inflation and economic activity? Answering this question is critical for …

, could not only push up CPI inflation but also affect its volatility. Existing empirical literature has only found that … carbon pricing schemes are generally associated to a transitory effect on the level of inflation. This paper assesses … empirically the effects of carbon pricing on inflation volatility for both carbon tax and cap-and-trade schemes (also known as …