We assess the macroeconomic effects of carbon transition policies aimed at mitigating
climate change in the euro area. To this end, we augment the ECB's New Area-Wide Model …

The paper investigates the macroeconomics of an energy transition–a shift from brown to
green energy production through carbon taxation. Using a medium-scale DSGE model with …

We augment the ECB's New Area-Wide Model with disaggregate energy, carbon emissions
and a role for abatement to explore how an increase in carbon prices consistent with the …

In this paper, we use scenario analysis to assess the macroeconomic effects of carbon
transition policies aimed at mitigating climate change. To this end, we employ a version of …

The transition to a “net-zero” economy, as set oüt by the Eüropean Commission in the
Eüropean Green Deal, constitütes a strüctüral force that will be a possibly significant …