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Could Changes in Fed's Interest Rates Affect Pollution and the Environment?

Could Changes in Fed's Interest Rates Affect Pollution and the Environment?

Can monetary policy such as the U.S. Federal Reserve raising interest rates affect the environment? According to a new study by FAU's College of Business, it can. Results suggest that the impact of monetary policy on pollution is basically domestic: a monetary contraction or reduction in a region reduces its own emissions, but this does not seem to spread out to other economies. However, the findings do not imply that the international economy is irrelevant to determining one region's emissions level. The actions of a country, like the U.S., are not restricted to its borders. For example, a positive shock in the Federal Reserve's monetary policy may cause adjustments in the whole system, including the carbon emissions of the other regions.

Balancing National Economic Policy Outcomes for Sustainable Development - Nature Communications

Balancing National Economic Policy Outcomes for Sustainable Development - Nature Communications

Selecting economic policies to achieve sustainable development is challenging due to the many sectors involved and the trade-offs implied. Artificial intelligence combined with economy-wide computer simulations can help.

Financing a Sustainable Ocean Economy

Financing a Sustainable Ocean Economy

The ocean supports many livelihoods, but this is currently not sustainable with pressures on the climate and ecosystems. Here, in this perspective, the authors outline the barriers and solutions for financing a sustainable ocean economy.

Are COVID-19 Deaths "sacrifices"? If So, to What?

Are COVID-19 Deaths "sacrifices"? If So, to What?

In late March of this year, Texas Lieutenant Governor Dan Patrick suggested in an interview that many people over 70-himself included-would be willing to risk contracting coronavirus disease 2019 (COVID-19) so as not to, in his words, "sacrifice the country." At the time, his comments were widely re

Nature Risk Rising: Why the Crisis Engulfing Nature Matters for Business and the Economy

Nature Risk Rising: Why the Crisis Engulfing Nature Matters for Business and the Economy

This New Nature Economy report calls out the dependency and impact of business on nature and aims to ensure that biodiversity and nature-related risks are appropriately considered within the broader economic growth agenda.

'Randomistas' Who Used Controlled Trials to Fight Poverty Win Economics Nobel

'Randomistas' Who Used Controlled Trials to Fight Poverty Win Economics Nobel

Abhijit Banerjee, Esther Duflo and Michael Kremer have been awarded the prize for their experimental approach to alleviating poverty.

Significant Economic Benefits? Enhancing the Impact of Open Science for Knowledge Users

Significant Economic Benefits? Enhancing the Impact of Open Science for Knowledge Users

In this post it is discussed how open research can lead to economic benefits. The author suggests that future open research policies should focus on developing research discovery, translation and the capacity for research utilisation outside of the academy.

Nobel Prize for the Economics of Innovation and Climate Change Stirs Controversy

Nobel Prize for the Economics of Innovation and Climate Change Stirs Controversy

This year's prize for economics has sparked a rarer controversy. Some economists argue one winner's work is wrongheaded and has compromised humanity's ability to deal with the existential threat of climate change.

Next EU Research Fund Needs to Help Start-Ups to Scale-Up

Next EU Research Fund Needs to Help Start-Ups to Scale-Up

Fear of investing in innovation is preventing promising start-ups from reaching their full potential and that’s preventing growth across Europe, a conference on the future of EU research funding heard.

We Cannot Rely on For-Profit Corporations to Build Open Scholarly Infrastructure

We Cannot Rely on For-Profit Corporations to Build Open Scholarly Infrastructure

There is an important point here: we simply can’t build a meaningfully open scholarly infrastructure that is dependent on the whims of corporations. It can’t be done.