While there is a growing debate among researchers and practitioners on the possible role of
central banks and financial regulators in supporting a smooth transition to a low-carbon …

Well-known academic and non-academic institutions call for a new approach in economics
able to capture features of modern economies including, but not limited to, complexity, non …

It is widely acknowledged that introducing a price on carbon represents a crucial
precondition for filling the current gap in low-carbon investment. However, as this paper …

Abstract Integrated Assessment Models provide a framework to study sustainability
transitions and their economic impacts. Models seldom consider energy constraints, taking …

The stock‐flow consistent (SFC) modelling approach, grounded in the pioneering work of
Wynne Godley and James Tobin in the 1970s, has been adopted by a growing number of …

This paper develops a stock-flow-fund ecological macroeconomic model that combines the
stock-flow consistent approach of Godley and Lavoie with the flow-fund model of Georgescu …

Our society faces a dilemma. While continued economic growth is ecologically
unsustainable, low or negative rates of economic growth are accompanied by adverse …

In this work we develop an agent-based model that offers an alternative to standard,
computable general equilibrium integrated assessment models (IAMs). The Dystopian …

The biophysical foundations of socio-economic systems are underrepresented in the vast
majority of macroeconomic models. This lack is particularly troublesome when considering …

There is a growing awareness that climate change is a new source of risk to the financial
system, but cross-country evidence on the impact of climate risk on financial stability is …