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The Price of Hesitation: How the Climate Crisis Threatens Price Stability and What the ECB Must Do about It; Final Report on Behalf of Greenpeace Germany

Author

Listed:
  • Yannis Dafermos
  • Alexander Kriwoluzky
  • Mauricio Vargas
  • Ulrich Volz
  • Jana Wittich

Abstract

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Suggested Citation

  • Yannis Dafermos & Alexander Kriwoluzky & Mauricio Vargas & Ulrich Volz & Jana Wittich, 2021. "The Price of Hesitation: How the Climate Crisis Threatens Price Stability and What the ECB Must Do about It; Final Report on Behalf of Greenpeace Germany," DIW Berlin: Politikberatung kompakt, DIW Berlin, German Institute for Economic Research, volume 127, number pbk173.
    • Handle: RePEc:diw:diwpok:pbk173
    Note: I, 61 p.
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    File URL: https://www.diw.de/documents/publikationen/73/diw_01.c.825771.de/diwkompakt_2021-173.pdf
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    References listed on IDEAS

    as
    1. Todorov, Karamfil, 2020. "Quantify the quantitative easing: Impact on bonds and corporate debt issuance," Journal of Financial Economics, Elsevier, vol. 135(2), pages 340-358.
    2. Dirk Schoenmaker, 2021. "Greening monetary policy," Climate Policy, Taylor & Francis Journals, vol. 21(4), pages 581-592, April.
    3. Schoenmaker, Dirk, 2021. "Greening monetary policy," CEPR Press Book Chapters, in: Weder di Mauro, Beatrice (ed.), Combating Climate Change: A CEPR Collection, edition 1, volume 1, chapter 29, Centre for Economic Policy Research.
    4. Jens van ’t Klooster & Clément Fontan, 2020. "The Myth of Market Neutrality: A Comparative Study of the European Central Bank’s and the Swiss National Bank’s Corporate Security Purchases," New Political Economy, Taylor & Francis Journals, vol. 25(6), pages 865-879, September.
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    Cited by:

    1. Natalia Nehrebecka, 2021. "Climate Risk with Particular Emphasis on the Relationship with Credit-Risk Assessment: What We Learn from Poland," Energies, MDPI, vol. 14(23), pages 1-14, December.
    2. repec:diw:diwwpp:dp1981 is not listed on IDEAS
    3. Arango-Castillo Lenin & Mart'inez-Ram'irez Francisco, 2025. "The effects of temperature and rainfall anomalies on Mexican inflation," Papers 2507.14420, arXiv.org, revised Mar 2026.
    4. Beirne, John & Dafermos, Yannis & Kriwoluzky, Alexander & Renzhi, Nuobu & Volz, Ulrich & Wittich, Jana, 2022. "Natural Disasters and Inflation in the Euro Area," VfS Annual Conference 2022 (Basel): Big Data in Economics 264132, Verein für Socialpolitik / German Economic Association.
    5. Andreas Breitenfellner & Friedrich Fritzer & Doris Prammer & Fabio Rumler & Mirjam Salish, 2022. "What is the impact of carbon pricing on inflation in Austria?," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue Q3/22, pages 23-41.
    6. Ghosh, Saibal, 2023. "Does climate legislation matter for bank lending? Evidence from MENA countries," Ecological Economics, Elsevier, vol. 212(C).
    7. John Beirne & Yannis Dafermos & Alexander Kriwoluzky & Nuobu Renzhi & Ulrich Volz & Jana Wittich, 2021. "The Effects of Natural Disasters on Price Stability in the Euro Area," Discussion Papers of DIW Berlin 1981, DIW Berlin, German Institute for Economic Research.
    8. Hinterlang, Natascha & Martin, Anika & Röhe, Oke & Stähler, Nikolai & Strobel, Johannes, 2023. "The Environmental Multi-Sector DSGE model EMuSe: A technical documentation," EconStor Preprints 280900, ZBW - Leibniz Information Centre for Economics.

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