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The role of fiscal policy and monetary policy in environmental degradation in Indonesia

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Greening monetary policy

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Policy interactions and the transition to clean technology

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Optimal monetary policy responses to carbon and green bubbles : a two-sector DSGE analysis

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Optimal climate and monetary-fiscal policy in a climate-DSGE framework

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Climate-conscious monetary policy

Nakov, Anton; Thomas, Carlos - 2023

We study the implications of climate change and the associated mitigation measures for optimal monetary policy in a canonical New Keynesian model with climate externalities. Provided they are set at their socially optimal level, carbon taxes pose no trade-offs for monetary policy: it is both...