macroeconomics

This paper investigates just how important intrageneration inequality is for the social cost of carbon, compared to intergenerational inequality and macroeconomic uncertainty. Read more

This paper presents new simulation results for the UK combining macroeconomic simulations in ThreeME, a computable general equilibrium model, with... Read more

This policy briefing, the first in a new series of papers published as part of the INSPIRE Sustainable Central Banking Toolbox, reviews the potential pitfalls of using a modelling framework that omits climate-related information and provides some reflections on how central banks can integrate climate change considerations into their 'workhorse’ models.  Read more