Tag: Macroeconomic model
Rapid carbon pricing can create macro-financial instability
Integrated modeling shows rapid decarbonization via carbon pricing creates macro-financial risks, treatable through coordinated climate and economic stabilization policies.
Energy transition model links predict long-term GDP gains and temporary unemployment
Integrated energy and economic modeling shows Netherlands can achieve carbon neutrality by 2050 with long-term GDP growth, but faces transition costs including unemployment and welfare losses.
Oil shock responses changed after Russia’s 2014 structural shift
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Subsample analysis reveals structural breaks in Russia’s oil revenue shock transmission mechanisms post-2014, showing reversed fiscal policy effects and strengthened monetary policy inflation.
