S5 Ep32: Deep Focus: A greener monetary policy approach for the ECB

Bruegel fellow Dirk Schoenmaker walks Sean Gibson and
'The Sound of Economics' listeners through his latest working
paper, focusing on how to make monetary policy in Europe more
climate-friendly


In this episode of the Deep Focus podcast series, Bruegel's Dirk
Schoenmaker explains his proposed greener alternative to the
ECB's current 'market-neutral' approach to monetary policy.


Elaborating on research contained within a recent Bruegel working
paper, the author shows that significant strides can be made
while remaining within existing constraints and with due
considerations for the primary vital purpose of monetary policy.


If you would like to learn more on this topic, we recommend Dirk
Schoenmaker's blog post on greening monetary policy, published in
conjunction with the aforementioned working paper.