Unconventionally green: monetary policy between engagement and conflicting goals

HIGHLIGHTS

  • who: Lena Liebich from the Council of Economic Experts, the Goethe University Frankfurt, the KfW or the Single Resolution Board have published the article: Unconventionally Green: Monetary Policy between Engagement and Conflicting Goals, in the Journal: (JOURNAL)
  • what: The authors demonstrate that the carbon intensity of CSPP purchases is determined by three main factors: First by the CSPP-eligibility criteria as these tend to exclude bonds from low-emission sectors. The focus of this paper is still of great importance, even though bond purchase programs have been scaled back. The focus of the paper is . . .

     

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