This paper examines the implications of fuel subsidy removal in an oil-producing economy, focusing on the central bank's response to volatile oil prices. Using a Markov-switching dynamic stochastic general equilibrium model, we analyze the welfare effects of this policy change under different...

Green digital finance plays a crucial role in driving green production, consumption and facilitating the low-carbon transition of energy consumption structures. This paper delves into the impact of green digital finance on this transformation from a multidimensional perspective for the first...