Structural Changes in Energy Markets and Price Implications
The 2021-22 energy crisis was driven by record-breaking rises in wholesale gas prices and this paper discusses lessons that financial regulators can learn regarding price implications of the transition.
Options for the ECB to Neutralise the Negative Effects of Its Monetary Policy for the European Energy Transition
As volatile fossil fuel prices drive inflation, the Sustainable Finance Lab says the ECB should adopt dual interest rates for green projects or risk exacerbating price instability.
The Asymmetric Effects of Weather Shocks on Euro Area Inflation
Weather shocks have asymmetric and non-linear impacts on inflation in the eurozone that introduce significant price volatility, according to research from the European Central Bank.
Energy Price Stability
This briefing explores the impact of fossil fuels on US inflation and recessions, and argues that the Fed must support the green transition to meet price stability mandates.
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