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11
Macroeconomic effects of carbon transition policies : an assessment based on the ECB's New Area-Wide Model with a disaggregated energy sector
Coenen, Günter
;
Lozej, Matija
;
Priftis, Romanos
-
2023
We use scenario analysis to assess the macroeconomic effects of carbon transition policies aimed at mitigating climate change. To this end, we employ a version of the ECB's New Area-Wide Model (NAWM) augmented with a framework of disaggregated energy production and use, which distinguishes...
Persistent link: https://www.econbiz.de/10014315252
Saved in:
12
Macroeconomic effects of carbon transition policies : an assessment based on the ECB's new area-wide model with a disaggregated energy sector
Coenen, Günter
;
Lozej, Matija
;
Priftis, Romanos
-
2023
Persistent link: https://www.econbiz.de/10014334540
Saved in:
13
Monetary and fiscal policy responses to fossil fuel price shocks
Bartocci, Anna
;
Cantelmo, Alessandro
;
Cova, Pietro
; …
-
2023
Persistent link: https://www.econbiz.de/10014484211
Saved in:
14
Effects of state-dependent forward guidance, large-scale asset purchases, and fiscal stimulus in a low-interest-rate environment
Coenen, Günter
;
Montes-Galdón, Carlos
;
Smets, Frank
- In:
Journal of money, credit and banking : JMCB
55
(
2023
)
4
,
pp. 825-858
Persistent link: https://www.econbiz.de/10014306115
Saved in:
15
The ECB is running out of policy space : can fiscal policy help?
Capolongo, Angela
;
Gros, Daniel
- In:
Economics and Business Letters : EBL
9
(
2020
)
3
,
pp. 216-220
Persistent link: https://www.econbiz.de/10012420677
Saved in:
16
How would a fiscal shock in Germany affect other European countries? Evidence from a Bayesian GVAR model with sign restrictions
Eller, Markus
;
Feldkircher, Martin
;
Huber, Florian
- In:
Focus on European economic integration
(
2017
)
1
,
pp. 54-77
Persistent link: https://www.econbiz.de/10012183991
Saved in:
17
Monetary-fiscal policy relations in the euro area : the impact on the primary balance
Dascher-Preising, Fabienne
;
Greiner, Alfred
-
2022
With this paper, our objective is to empirically study public debt sustainability by estimating a fiscal reaction function where the primary balance relative to GDP is assumed to be a function of the public debt to GDP ratio of the previous year and of other macroeconomic variables. In...
Persistent link: https://www.econbiz.de/10013335018
Saved in:
18
Can central banks do the unpleasant job that governments should do?
Dimakopoulou, Vasiliki
;
Oikonomidēs, Geōrgios
; …
-
2023
We investigate what happens when the fiscal authorities do not react to rising public debt so that the unpleasant task of fiscal sustainability falls upon the Central Bank (CB). In particular, we explore whether the CB's bond purchases in the secondary market can restore stability and...
Persistent link: https://www.econbiz.de/10014331713
Saved in:
19
The
eurozone
: what is to be done?
Minford, Patrick
;
Ou, Zhirong
;
Wickens, Michael R.
; …
-
2021
-
This draft: May2021
We construct a macro DSGE model of the
eurozone
and its two main regions, the North and the South, with the aim of …
Persistent link: https://www.econbiz.de/10012591814
Saved in:
20
Fiscal policies in a monetary union : the
eurozone
case
Zezza, Gennaro
- In:
European journal of economics and economic policies : …
17
(
2020
)
2
,
pp. 156-170
Persistent link: https://www.econbiz.de/10012321791
Saved in:
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