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Climate change and monetary policy : navigating physical risks / Tatjana Dahlhaus.: FB3-8/2026-44E-PDF

"This note examines the implications of physical climate risks for monetary policy along two dimensions. First, we review the literature on how climate-related disasters affect economic activity and inflation, and we assess the historical evidence on the output-inflation trade-off in the Canadian context. Second, to better understand how these trade-offs may evolve in a future marked by more frequent and severe natural disasters, we employ a structural modeling approach to quantify their potential macroeconomic impacts and the associated trade-offs for monetary policy"--page 1.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.966456&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleClimate change and monetary policy : navigating physical risks / Tatjana Dahlhaus.
Series title
  • Staff analytical paper = Document analytique du personnel, 3110-9195 ; 2026-44
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • Cover title.
  • Includes bibliographical references.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, September 18, 2026.
  • ©2026
Author / Contributor
  • Dahlhaus, Tatjana, author.
Description1 online resource (13 pages) : charts.
Catalogue number
  • FB3-8/2026-44E-PDF
Subject terms
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