Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/277556 
Year of Publication: 
2022
Citation: 
[Journal:] European Journal of Economics and Economic Policies: Intervention (EJEEP) [ISSN:] 2052-7772 [Volume:] 19 [Issue:] 3 [Year:] 2022 [Pages:] 338-356
Publisher: 
Edward Elgar Publishing, Cheltenham
Abstract: 
Addressing the climate crisis requires a deep socio-ecological transformation of our economies. This transformation involves the implementation of climate policies that not only transform standard macroeconomic and financial tools but also lead to sufficiency-based consumption patterns. The assessment and design of such policies require a systems-based approach that is not restricted by the straightjacket of cost–benefit analysis. In this paper, the authors employ an ecological stock–flow consistent model to provide a systems-based evaluation of certain macroeconomic, financial and sufficiency policies for climate mitigation. They show how the use of such an approach allows them to identify policy mixes that have the potential to address the climate crisis without undermining macrofinancial and social stability.
Subjects: 
ecological stock–flow consistent modelling
green macroeconomic and financial policies
consumption patterns
climate changeE12
E44
E52
E62
Q54
Q57
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.