References
- Alesina, A., & Bayoumi, T. (1996). The costs and benefits of fiscal rules: Evidence from U.S. States. NBER Working Paper 5614. https://www.nber.org/papers/w5614
- Andrle, M., Bluedorn, J., Eyraud, L., Kinda, T., Koeva Brooks, P., Schwartz, G., & Weber, A. (2015). Reforming fiscal governance in the European Union. Staff Discussion Notes No. 15/9, International Monetary Fund. https://doi.org/10.5089/9781498338288.006.
- Beetsma, R. M. W. J., & Debrun, X. (2007). The new stability and growth pact: A first assessment. European Economic Review, 51(2), 453–477. https://doi.org/10.1016/j.euroecorev.2005.12.002
- Bénassy-Quéré, A., Brunnermeier, M. K., Enderlein, H., Fahri, E., Fratzscher, M., Fuest, C., Gourinchas, P.O., Martin, P., Pisani-Ferry, J., Rey, H., Schnabel, I., Véron, N., Weder di Mauro, B. & Zettelmeyer, J. (2018). Reconciling risk-sharing with market discipline: A constructive approach to euro area reform. CEPR Policy Insight no 91. https://cepr.org/system/files/2022-06/PolicyInsight91.pdf
- Blanchard, O., & Giavazzi, F. (2004). Improving the SGP through a proper accounting of public investment. Discussion Paper No. 4220, Centre for Economic Policy Research, https://cepr.org/active/publications/discussion_papers/dp.php?dpno=4220.
- Blanchard, O., Leandro, A., & Zettelmeyer, J. (2021). Redesigning the EU fiscal rules: From rules to standards. Economic Policy, 36(106), 195–236. https://doi.org/10.1093/epolic/eiab003
- Bloomberg, N. E. F. (2021). New energy outlook 2021. Bloomberg NEF, https://about.bnef.com/new-energy-outlook/?gclid=Cj0KCQjwjo2JBhCRARIsAFG667WSJougsHxlVYKx5D7QWBeCRHVwY_bk2PXakoTzDu64LPHIq464DJUaAoi0EALw_wcB.
- Breuning, B., & Busemeyer, M. R. (2012). Fiscal austerity and the trade-off between public investment and social spending. Journal of European Public Policy, 19(6), 921–938. https://doi.org/10.1080/13501763.2011.614158
- Bundesbank. (2019). European stability and growth pact: Individual reform options. Monthly Report, April, Deutsche Bundesbank, 77–90, https://www.bundesbank.de/en/publications/reports/monthly-reports/monthly-report-april-2019-793792.
- Claeys, G., Darvas, Z., & Leandro, A. (2016). A proposal to revive the European fiscal framework. Policy Contribution 07/2016, Bruegel, https://www.bruegel.org/2016/03/a-proposal-to-revive-the-european-fiscal-framework/.
- Coady, D., Parry, I., Le, N. P., & Shang, B. (2019). Global fossil fuel subsidies remain large: An update based on country-level estimates, IMF Working Paper 19/89. https://www.imf.org/-/media/Files/Publications/WP/2019/WPIEA2019089.ashx
- D’Aprile, P., Engel, H., van Gendt, G., Helmcke, S., Hieronimus, S., Nauclér, T., Pinner, D., Walter, D., & Witteveen, M. (2020). Net-zero Europe: Decarbonisation pathways and socioeconomic implications. McKinsey & Company, https://www.mckinsey.com/~/media/mckinsey/business%20functions/sustainability/our%20insights/how%20the%20european%20union%20could%20achieve%20net%20zero%20emissions%20at%20net%20zero%20cost/net-zero-europe-vf.pdf.
- European Central Bank. (2021). Climate change and monetary policy in the euro area. ECB Occasional Paper Series No 271. Frankfurt, https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op271~36775d43c8.en.pdf?c29941b5e2dbeb3168b6e48f362a2b87.
- European Commission. (2018). Vade mecum on the stability & growth pact. 2018 edition. European Economy Institutional Papers 075, Brussels, https://economy-finance.ec.europa.eu/publications/vade-mecum-stability-and-growth-pact-2018-edition_en.
- European Commission. (2020). Impact assessment accompanying the document ‘Stepping up Europe’s 2030 climate ambition. Investing in a climate-neutral future for the benefit of our people. Brussels, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020SC0176.
- European Fiscal Board. (2018). Annual Report 2018. European fiscal board, Brussels.
- Feld, L., Schmidt, C., Schnabel, I., & Wieland, V. (2018). Refocusing the European fiscal framework. VoxEU.org, https://voxeu.org/article/refocusing-european-fiscal-framework.
- Hepburn, C., O’Callaghan, B., Stern, N., Stiglitz, J., & Zenghelis, D. (2020). Will COVID-19 fiscal recovery packages accelerate or retard progress on climate change. Oxford Review of Economic Policy, 36(Issue Supplement_1), S359–S381. https://doi.org/10.1093/oxrep/graa015
- Hughes Hallett, A., & Hougaard Jensen, S. E. (2012). Fiscal governance in the euro area: Institutions vs. rules. Journal of European Public Policy, 19(5), 646–664. https://doi.org/10.1080/13501763.2011.646773
- International Energy Agency. (2021). Net Zero by 2050. A Roadmap for the Global Energy Sector. International Energy Agency, Paris. https://www.iea.org/reports/net-zero-by-2050.
- International Renewable Energy Agency. (2021). World energy transitions outlook: 1.5°C Pathway. International Renewable Energy Agency, Abu Dhabi. https://www.irena.org/publications/2021/Jun/World-Energy-Transitions-Outlook.
- Keen, S., Lenton, T. M., Godin, A., Yilmaz, D., Grasselli, M., & Garrett, T. J. (2021). Economists’ erroneous estimates of damages from climate change. Manuscript submitted to Proceedings A, The Royal Society, https://arxiv.org/abs/2108.07847.
- Kempa, K., & Moslener, U. (2017). Climate policy with the chequebook—an economic analysis of climate investment support. Economics of Energy & Environmental Policy, 6(1), 111–130. https://www.jstor.org/stable/26189574. doi:10.5547/2160-5890.6.1.kkem.
- Kiley, M. T. (2021). Growth at risk from climate change. Finance and Economics Discussion Series 2021–054. Washington: Board of Governors of the Federal Reserve System. https://doi.org/10.17016/FEDS.2021.054.
- Martin, P., Pisani-Ferry, J., & Ragot, X. (2021). Reforming the European fiscal framework. Note du CAE, 63, https://www.cae-eco.fr/en/pour-une-refonte-du-cadre-budgetaire-europeen.
- Nowag, J., Mundaca, L., & Åhman, M. (2021). Phasing out fossil fuel subsidies in the EU? Exploring the role of state aid rules. Climate Policy, 21(8), 1037–1052. https://doi.org/10.1080/14693062.2021.1965523
- OECD. (2018). OECD Economic Surveys: Euro Area 2018. OECD Publishing. https://www.oecd-ilibrary.org/economics/oecd-economic-surveys-euro-area-2018_eco_surveys-euz-2018-en.
- Peletier, B. D., Dur, R. A. J., & Swank, O. H. (1999). Voting on the budget deficit: Comment. American Economic Review, 89(5), 1377–1381. doi:10.1257/aer.89.5.1377
- Pisani-Ferry, J. (2021). Climate policy is macroeconomic policy and the implications will be significant. Policy Brief 21–20, Peterson Institute for International Economics, https://www.piie.com/publications/policy-briefs/climate-policy-macroeconomic-policy-and-implications-will-be-significant.
- Pollitt, H., Lewney, R., Kiss-Dobronyi, B., & Lin, X. (2021). Modelling the economic effects of COVID-19 and possible green recovery plans: A post-Keynesian approach. Climate Policy, 21(10), 1257–1271. https://doi.org/10.1080/14693062.2021.1965525
- Schaechter, A., Kinda, T., Budina, N., & Weber, A. (2012). Fiscal rules in response to the crisis - toward the “Next-Generation” rules. A New Dataset. IMF Working Paper 12/187. https://www.imf.org/external/pubs/ft/wp/2012/wp12187.pdf
- Schoenmaker, D. (2021). Greening monetary policy. Climate Policy, 21(4), 581–592. doi:10.1080/14693062.2020.1868392
- Siegmeier, J., Mattauch, L., Franks, M., Klenert, D., Schultes, A., & Edenhofer, O. (2018). The fiscal benefits of stringent climate change mitigation: An overview. Climate Policy, 18(3), 352–367. doi:10.1080/14693062.2017.1400943
- Swiss Re Institute. (2021). The economics of climate change: No action not an option. Swiss Re Management Ltd.
- Tagliapietra, S., & Wolff, G. B. (2021). Form a climate club: United States, European Union and China. Nature, 591(7851), 526–528. https://doi.org/10.1038/d41586-021-00736-2
- Turrini, A. (2004). Public investment and the EU fiscal framework. European Economy - Economic Papers 202, DG ECFIN, European Commission, https://ec.europa.eu/economy_finance/publications/pages/publication_summary739_en.htm.