We explore the design of climate stress tests to assess and manage macroprudential risks
from climate change in the financial sector. We review the climate stress scenarios currently …

Climate change mitigation is critically important for the well-being of our planet and its
inhabitants. In the past, several studies have explored the role of various factors in climate …

We study climate and macroprudential policies in an economy with financial frictions. Using
a dynamic stochastic general equilibrium model featuring both a pollution market failure and …

Given the recent debate on the role of central banks under climate change, this research
theoretically investigates the mix of monetary and climate policy and provides insights for …

Across the world, governments have enacted policies to discourage fossil fuel use. Scholars
have explored whether carbon pricing policies, such as carbon taxes and cap-and-trade …

We examine the relationship between contemporaneous fine particulate matter exposure
and COVID-19 morbidity and mortality using an instrumental variable approach. Harnessing …

In a dynamic, three-region environmental multi-sector general equilibrium model, we find
that carbon pricing generates a long-lasting downturn as production costs rise. Dirty …

In this paper, we introduce an environmental multi-sector dynamic general equilibrium
model to analyze the effects of financing a labor tax reduction through higher consumption …

We study the relationship between business cycles and the design and effects of
environmental policies, particularly those with economy-wide significance like climate …

In a dynamic, three-region environmental multi-sector general equilibrium model (called
EMuSe), we find that carbon pricing generates a recession initially as production costs rise …