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Nature conservation scientists and practitioners have voiced the concern that a conservation discourse based on economic arguments and monetary valuation may undermine conservation efforts by eroding ("crowding out") the influence of other arguments for nature conservation. This paper presents...
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. First, from the national perspective, central banks may be confronted with a classical tragedy-of-the-commons problem, which …
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. After 2007, it closely follows unemployment in the respective countries. -- tragedy of the commons ; inflation bias ; credit …
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correlated with unemployment, but not with inflation in the respective countries. -- tragedy of the commons ; inflation bias …
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Central bank credit has expanded dramatically in some of the euro area member countries since the beginning of the financial crisis. This paper makes two contributions to understand this stylized fact. First, we discuss a simple model of monetary policy that includes (i) a credit channel and...
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Sustainability and Financial Markets' geeft u inzicht in de verplichtingen die direct of indirect inhaken op duurzaamheid en toepasbaar zijn op spelers op financiële markten. De urgentie voor een verschuiving naar een duurzamere wereld lijkt heviger dan ooit. Zeker nu de gevolgen van...
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