The Mitigating Effect of Differentiated Capital Adequacy Ratio (CAR) Requirements on Transition Risks (IMAGE)

Tsinghua University Press

The Mitigating Effect of Differentiated Capital Adequacy Ratio (CAR) Requirements on Transition Risks

Caption

Impulse responses of macroeconomic variables to a carbon tax shock. Note: ss denotes steady state.

Credit

Energy and Climate Management, MOE Laboratory for Low-carbon Intelligent Governance (LLIG), Beihang University

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