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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16396 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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