Climate change on the agenda for most economics departments
Central banks explore a wide range of topics, with some differences between AEs and EMEs
Climate change is becoming a key research topic for central bank economics departments, albeit as part of a wide range of study areas.
A clear majority of respondents to Economics Benchmarks 2020 – 70% – said climate change was one area of interest for their researchers. It was somewhat more common among advanced economies (AEs) than emerging market economies (EMEs).
This seems to reflect the growing importance of climate change as a topic for central banks, both due to financial stability
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