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Federal Reserve Bank of San Francisco: "Climate Policy and the Long-Run Interest Rate: Insights From a Simple Growth Model"
January 18, 2025
SAN FRANCISCO, California, Jan. 18 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-37) on December 23, 2024, by Gregory Casey, Stephie Fried, and William Peterman entitled "Climate Policy and the Long-Run Interest Rate: Insights from a Simple Growth Model."

Here are excerpts:

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We study the impact of climate policy on the long-run real interest rate in a tractable climate-economy model based on . . .

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