All pages with keywords: credit creation

Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy

Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy

a research article by Emanuele Campiglio 27 March, 2015

It is widely acknowledged that introducing a price on carbon represents a crucial precondition for filling the current gap in low-carbon investment. However, as this paper argues, carbon pricing in … read more »


Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy

Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy

a working paper by Emanuele Campiglio 15 July, 2014

It is widely acknowledged that introducing a price on carbon represents a crucial precondition for filling the current gap in low-carbon investment. However, as this paper argues, carbon pricing in … read more »


A simple model of income, aggregate demand and the process of credit creation by private banks

A simple model of income, aggregate demand and the process of credit creation by private banks

a research article by Emanuele Campiglio 21 October, 2013

Forthcoming in Empirica External link to article External link to working paper Abstract This paper presents a small macroeconomic model describing the main mechanisms of the process of credit creation … read more »