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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Main Authors: | CHAN, Ying Tung, PUNZI, Maria Teresa, ZHAO, Hong |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2024
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Subjects: | |
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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