This paper examines whether monetary policy shocks affect CO₂ emissions over time in Brazil. We show that CO₂ emissions decline persistently following contractionary monetary policy shocks. The relationship between monetary policy and CO₂ emissions in Brazil is assessed through two...

We show that particulate matter pollution is lower in advanced economies where political parties favor homeownership. We rationalize this with a simple model featuring a polluting industry and owner-occupiers who push to restrict undesirable land uses. Pollution declines when homeowners have...

Although the environmental impact of trade has been a long-standing concern, there is still only scant evidence on the channels through which international market access affects pollution. In this paper, we exploit the unique episode of China’s world market integration in the early 2000s to...