Green transition and financial stability: The role of green monetary and macroprudential policies and vouchers

This paper analyzes a mix of alternative policies in supporting the green transition and the phase-out of fossil fuels, without compromising financial stability. An environmental dynamic stochastic general equilibrium (E-DSGE) model with two sectors (green and brown) and endogenous default is develo...

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Bibliographic Details
Main Authors: CHAN, Ying Tung, PUNZI, Maria Teresa, ZHAO, Hong
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2024
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Online Access:https://ink.library.smu.edu.sg/skbi/38
https://ink.library.smu.edu.sg/context/skbi/article/1037/viewcontent/GreenTransition_av.pdf
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Institution: Singapore Management University
Language: English

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