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Is climate change a monetary phenomenon? Evidence from time series analysis
International Journal of Sustainable Development and World Ecology ( IF 6.5 ) Pub Date : 2021-04-29 , DOI: 10.1080/13504509.2021.1920064
Olatunji Abdul Shobande 1
Affiliation  

ABSTRACT

This study examined the role of monetary policy in addressing climate change in the East African Community using a time series approach. The empirical evidence shows that monetary policy through the credit and interest rate channel can help smooth the transition to low-carbon economies, but at the cost of financial uncertainty.



中文翻译:

气候变化是一种货币现象吗?时间序列分析的证据

摘要

本研究使用时间序列方法研究了货币政策在东非共同体应对气候变化中的作用。经验证据表明,通过信贷和利率渠道实施的货币政策有助于平稳过渡到低碳经济,但代价是金融不确定性。

更新日期:2021-04-29
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