entails a transitory rise in inflation and a lasting, albeit moderate decline in GDP. We show that the short and medium …

What is the effect of climate policies on inflation and economic activity? Answering this question is critical for …

-lived increase in consumer price inflation. Energy taxes are found to have asymmetric effects on households, with poorer households … increases in carbon taxes will lead to a substantial drop in economic activity with some pressures on inflation, with below …

We study how carbon pricing has affected inflation ex-post, using dynamic panel estimation of New-Keynesian Phillips … carbon taxes. We find that an increase in prices of ETS by $10 per ton of CO2 equivalents increases energy CPI inflation by 0 ….8 percentage points (pp), and headline inflation by 0.08pp, but has no significant effects on food and core CPI inflation. We also …