Green targeted lending operations in the Euro Area

IF 2.1 4区经济学 Q2 ECONOMICS

Economics Letters Pub Date : 2024-08-10 DOI:10.1016/j.econlet.2024.111893

引用次数: 0

Abstract

In this paper, we construct a Dynamic Stochastic General Equilibrium (DSGE) model to examine the implications of dual rates for green lending. We demonstrate that implementing a distinct interest rate for banks engaged in green lending can effectively mitigate transition risks while channeling more capital towards green production sectors and firms for an immediate cut of emissions and net zero emission economy targets.

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欧元区绿色定向贷款业务

在本文中，我们构建了一个动态随机一般均衡（DSGE）模型，以研究双重利率对绿色贷款的影响。我们证明，对从事绿色贷款的银行实行不同的利率可以有效地降低转型风险，同时将更多的资金引导到绿色生产部门和企业，以实现立即减排和净零排放经济目标。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Economics Letters ECONOMICS-

CiteScore

3.20

自引率

5.00%

发文量

348

审稿时长

30 days

期刊介绍： Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.