Oxford Review of Economic Policy volume 36, issue Supplement_1, PS359-S381 2020 DOI: 10.1093/oxrep/graa015 View full text
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Cameron Hepburn, Brian O’Callaghan, Nicholas Stern, Joseph Stiglitz, Dimitri Zenghelis

Abstract: Abstract The COVID-19 crisis is likely to have dramatic consequences for progress on climate change. Imminent fiscal recovery packages could entrench or partly displace the current fossil-fuel-intensive economic system. Here, we survey 231 central bank officials, finance ministry officials, and other economic experts from G20 countries on the relative performance of 25 major fiscal recovery archetypes across four dimensions: speed of implementation, economic multiplier, climate impact potential,…

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