G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16396
DP16396 Carbon Taxation and Greenflation: Evidence from Europe and Canada
Max Konradt; Beatrice Weder di Mauro
发表日期2022-03-06
出版年2022
语种英语
摘要This paper studies the effects of carbon pricing on inflation dynamics. We construct a sample of carbon taxes implemented in Europe and Canada over three decades and estimate for the first time the response of inflation and price components to carbon pricing. We find that past carbon taxes changed relative prices but did not significantly increase inflation. This is consistent with previous findings of carbon taxes impacting emissions but not aggregate output. Based on the cross-section of taxes in Europe, we provide suggestive evidence that the response of inflation was especially muted in countries with revenue recycling schemes and monetary policy regimes that can accommodate the carbon tax.
主题International Macroeconomics and Finance ; Macroeconomics and Growth ; Monetary Economics and Fluctuations
关键词Co2 taxes Carbon pricing inflation monetary policy Climate change
URLhttps://cepr.org/publications/dp16396-0
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/546053
推荐引用方式
GB/T 7714
Max Konradt,Beatrice Weder di Mauro. DP16396 Carbon Taxation and Greenflation: Evidence from Europe and Canada. 2022.
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