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Monetary emissions trading mechanisms
Monnet, Cyril; Temzelides, Ted - In: International journal of economic theory 12 (2016) 1, pp. 85-100
Persistent link: https://www.econbiz.de/10011441029
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A monetary business cycle model with unemployment
Alexopoulos, Michelle - In: Journal of economic dynamics & control 31 (2007) 12, pp. 3904-3940
Persistent link: https://www.econbiz.de/10003569852
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Predicting the effects of federal reserve policy in a sticky-price model : an analytical approach
McGrattan, Ellen R. - 1999
potentially large but short-lived response in output. Shocks to government spending and technology lead to persistent changes in … output but the percentage change in output is predicted to be smaller than the percentage changes in spending or technology …, government spending, and technology shocks. These comparisons confirm the theoretical findings. In response to observed changes …
Persistent link: https://www.econbiz.de/10001447236
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Technology persistence and monetary policy
Pancrazi, Roberto; Vukotic, Marija - 2013
Persistent link: https://www.econbiz.de/10009779067
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Monetary emissions trading mechanisms
Monnet, Cyril; Temzelides, Ted - 2014
Emissions trading mechanisms have been proposed, and in some cases implemented, as a tool to reduce pollution. We explore the similarities between emission-trading mechanisms and monetary mechanisms. Both attempt to implement desirable allocations under various frictions, including risk and...
Persistent link: https://www.econbiz.de/10010246055
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Handelbare Verschmutzungsrechte : eine geldtheoretische Analyse am Beispiel des EU-ETS
Schneider, Kai-Steffen - 2015
Persistent link: https://www.econbiz.de/10010463958
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Tradable deficit permits : efficient implementation of the stability pact in the European Monetary Union
Casella, Alessandra - 1999
Persistent link: https://www.econbiz.de/10001400282
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Tradable Deficit Permits : Efficient Implementation of the Stability Pacin the European Monetary Union
Casella, Alessandra - 1999
Borrowing from the experience of environmental markets, this paper proposes a system of tradable deficit permits as an efficient mechanism for implementing fiscal constraints in the European Monetary Union: having chosen an aggregate target for the Union and an initial distribution of permits,...
Persistent link: https://www.econbiz.de/10012471505
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Monetary Emissions Trading Mechanisms
Monnet, Cyril - 2014
Emissions trading mechanisms have been proposed, and in some cases implemented, as a tool to reduce pollution. We explore the similarities between emission-trading mechanisms and monetary mechanisms. Both attempt to implement desirable allocations under various frictions, including risk and...
Persistent link: https://www.econbiz.de/10013057655
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Optimal monetary policy responses to carbon and green bubbles : a two-sector DSGE analysis
Chan, Ying Tung; Ji, Qiang; Zhang, Dayong - In: Energy economics 130 (2024), pp. 1-20
Persistent link: https://www.econbiz.de/10014559210