In light of increased economic integration and global warming, addressing critical issues such as the role of multilateral climate policies and the strategic interaction of countries in climate negotiations becomes paramount. We thus established for this paper an open economy environmental...

In this study, we apply a structural vector autoregression (SVAR) model, combining the global crude oil market with each emerging economy, to investigate the effects of different types of oil shocks on industrial outputs, real exchange rates, and consumer price levels in each of the BRICS...

This paper establishes a dynamic stochastic general equilibrium model with second moment shocks and sticky housing price, and compares the heterogeneous macro effects of exogenous uncertainty shocks on housing market dynamics in China from frequency-dependent perspectives. We focus on three...