Greening Q.E.: Evaluating effects of Green Quantitative Easing on Global Warming using a global ecological macroeconomic model

Current implementation of Quantitative Easing (QE) by the European Central Bank (ECB) contributes to global warming and counteracts a transition to a carbon-free economy. The research formulates green alternatives for current QE policy that are consistent with the ECB’s mandate. Evaluation in a stock-flow-fund ecological macroeconomic model...