Artikel

Financial Stability Is Easier to Green Than Monetary Policy

In the face of mounting evidence of global warming, which is an irreversible process, central banks, as other policymakers, have to play their part. They need to consider climate risks not only in their internal management, but also when they devise their strategies, conduct their policies and implement their decisions. This article examines the possible impacts of climate risks on the two main variables of interest for monetary policy, economic growth and inflationary pressures. On that basis, it infers the potential consequences for the objective of monetary policy, its conduct and its implementation.

Language
Englisch

Bibliographic citation
Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 56 ; Year: 2021 ; Issue: 3 ; Pages: 154-159 ; Heidelberg: Springer

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Pfister, Christian
Valla, Natacha
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2021

DOI
doi:10.1007/s10272-021-0972-y
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Pfister, Christian
  • Valla, Natacha
  • Springer

Time of origin

  • 2021

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