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Published in 2017 at "Environmental and Resource Economics"
DOI: 10.1007/s10640-016-0007-5
Abstract: This paper examines the optimal environmental and monetary policy mix in a New Keynesian model embodying pollutant emissions, abatement technology and environmental damage. The optimal response of the economy to productivity shocks is shown to…
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Keywords:
policy;
ghg emissions;
emissions control;
monetary policy ... See more keywords