Greening monetary policy
Dirk Schoenmaker ()
Working Papers from Bruegel
Central banks have already started to look at climate-related risks in the context of financial stability. Should they also take the carbon intensity of assets into account in the context of monetary policy? The guiding principle in the implementation of monetary policy has been ‘market neutrality’, whereby the central bank buys a proportion of the market portfolio of available corporate and bank bonds (in addition to government bonds). But this...
New Economics Papers: this item is included in nep-cba, nep-ene, nep-env and nep-mon
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Working Paper: Greening monetary policy (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bre:wpaper:29494
Access Statistics for this paper
More papers in Working Papers from Bruegel Contact information at EDIRC.
Bibliographic data for series maintained by Bruegel ().