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Fiscal policy measures in response to the energy and inflation shock and climate change

Author

Listed:
  • Ferdinandusse, Marien
  • Delgado-Téllez, Mar

Abstract

This box provides updated estimates of the euro area discretionary fiscal measures related to the support provided by euro area governments in response to the energy crisis and high inflation. It also discusses how these measures relate to climate change in the context of the December 2023 Eurosystem staff macroeconomic projections. JEL Classification: E62, E31, E63

Suggested Citation

  • Ferdinandusse, Marien & Delgado-Téllez, Mar, 2024. "Fiscal policy measures in response to the energy and inflation shock and climate change," Economic Bulletin Boxes, European Central Bank, vol. 1.
    • Handle: RePEc:ecb:ecbbox:2024:0001:8
    Note: 673741
    as

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    File URL: https://www.ecb.europa.eu//press/economic-bulletin/focus/2024/html/ecb.ebbox202401_08~d136db2a83.en.html
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    More about this item

    Keywords

    fiscal-monetary interactions; Fiscal policy; inflation;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy

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