Showing 1 - 10 of 8,964
Persistent link: https://www.econbiz.de/10014535729
Persistent link: https://www.econbiz.de/10012794085
Persistent link: https://www.econbiz.de/10012404684
Does a shift to ambitious climate policy increase financial fragility? In this paper, we develop a quantitative macroeconomic model with carbon taxes and endogenous financial crises to study such "Climate Minsky Moments". By reducing asset returns, an accelerated transition to net zero exerts...
Persistent link: https://www.econbiz.de/10014632326
Persistent link: https://www.econbiz.de/10014576025
Persistent link: https://www.econbiz.de/10014306029
Persistent link: https://www.econbiz.de/10014554013
Climate risk has become a major concern for financial institutions and financial markets. Yet, climate policy is still … the variety of definitions for green activities lower the value of existing and new capital, and complicate risk …
Persistent link: https://www.econbiz.de/10014295540
contribute to scale up new green investments, or introduce new sources of risk for financial stability, is poor. In addition, the … economy and on the credit market conditions. We analyze the risk transmission channels from the credit market to the economy … sentiments could be a game changer for the low-carbon transition by increasing investments' alignment and preventing the risk of …
Persistent link: https://www.econbiz.de/10012843863
Persistent link: https://www.econbiz.de/10012887903