Weighing Externalities of Economic Recovery Projects: An Alternative to Green Taxonomies that is Fairer and more Realistic

1. Battiston, S., Mandel, A., Monasterolo, I., Schütze, F., Visentin, G. (2017). A climate stresstest of the financial system. Nature Climate Change, 7(4), 283-288. [https://scholar.google.com/scholar?hl=ru&as_sdt=0,5&q=1. Battiston,+S.,+Mandel,+A.,+Monasterolo,+I.,+Schütze,+F.,+Visentin,+G.+(2017).+A+climate+stresstest+of+the+financial+system.+Nature+Climate+Change,+7(4),+283-288&btnG=] [https://doi.org/10.1038/nclimate3255] Search in Google Scholar

2. Braathen, N.A. (2007). Instrument mixes for environmental policy: how many stones should be used to kill a bird? International Review of Environmental and Resource Economics, 1(2), 185-235. [https://scholar.google.com/scholar?hl=ru&as_sdt=0%2C5&q=Braathen%2C+N.A.+%282007%29.+Instrument+mixes+for+environmental+policy%3A+how+many+stones+should+be+used+to+kill+a+bird%3F+International+Review+of+Environmental+and+Resource+Economics%2C+1%282%29%2C+185-235&btnG=] [https://doi.org/10.1561/101.00000005] Search in Google Scholar

3. Busch, D., Ferrarini, G., and van den Hurk, A. (2021). The European Commission’s Sustainable Finance Action Plan and Other International Initiatives. Busch D., Ferrarini G., Grünewald S. (eds.), Sustainable Finance in Europe. EBI Studies in Banking and Capital Markets Law. Cham, Germany: Palgrave Macmillan, pp. 19-59. [https://scholar.google.com/scholar?hl=ru&as_sdt=0,5&q=3. Busch,+D.,+Ferrarini,+G.,+and+van+den+Hurk,+A.+(2021).+The+European+Commission’s+Sustainable+Finance+Action+Plan+and+Other+International+Initiatives.+Busch+D.,+Ferrarini+G.,+Grünewald+S.+(eds.),+Sustainable+Finance+in+Europe.+EBI+Studies+in+Banking+and+Capital+Markets+Law.+Cham,+Germany:+Palgrave+Macmillan,+pp.+19-59&btnG=]10.1007/978-3-030-71834-3_2 Search in Google Scholar

4. De la Peña, R. (2021). Should monetary policy lean against the wind in a small-open economy? Revisiting the Tinbergen rule. Latin American Journal of Central Banking, 2(1), 100026. [https://scholar.google.com/scholar?hl=ru&as_sdt=0,5&q=4. De+la+Peña,+R.+(2021).+Should+monetary+policy+lean+against+the+wind+in+a+small-open+economy?+Revisiting+the+Tinbergen+rule.+Latin+American+Journal+of+Central+Banking,+2(1),+100026&btnG=] [https://doi.org/10.1016/j.latcb.2021.100026] Search in Google Scholar

5. Dikau, S. and Volz, U. (2021). Central bank mandates, sustainability objectives and the promotion of green finance. Ecological Economics, 184, 107022. [https://scholar.google.com/scholar?hl=ru&as_sdt=0%2C5&q=5.%09Dikau%2C+S.+and+Volz%2C+U.+%282021%29.+Central+bank+mandates%2C+sustainability+objectives+and+the+promotion+of+green+finance.+Ecological+Economics%2C+184%2C+107022&btnG=] [https://doi.org/10.1016/j.ecolecon.2021.107022] Search in Google Scholar

6. EBF and UNEP (2021). Testing the Application of the EU Taxonomy to Core Banking Products. Available at: [https://www.ebf.eu/wp-content/uploads/2021/01/Testing-the-application-of-the-EU-Taxonomy-to-core-banking-products-EBF-UNEPFI-report-January-2021.pdf] Search in Google Scholar

7. EU Technical Expert Group on Sustainable Finance (2019). Spotlight on taxonomy. Available at: [https://ec.europa.eu/info/sites/info/files/business_economy_euro/banking_%20and_finance/documents/sustainable-finance-taxonomy-spotlight_en.pdf] Search in Google Scholar

8. Hussain, I. and Westin, L. (1997). Tinbergen Revisited: Benefits from Infrastructure Investments in an Open Economy. Umeå Economic Studies No. 431. Umeå, Sweden: Umeå Universitet. [https://scholar.google.com/scholar?hl=ru&as_sdt=0,5&q=8. Hussain,+I.+and+Westin,+L.+(1997).+Tinbergen+Revisited:+Benefits+from+Infrastructure+Investments+in+an+Open+Economy.+Umeå+Economic+Studies+No.+431.+Umeå,+Sweden:+Umeå+Universitet&btnG=] Search in Google Scholar

9. Knudson, W.A. (2009). The environment, energy and the Tinbergen rule. Bulletin of Science, Technology & Society, 29(4), 308-312. [https://scholar.google.com/scholar?hl=ru&as_sdt=0%2C5&q=9.%09Knudson%2C+W.A.+%282009%29.+The+environment%2C+energy+and+the+Tinbergen+rule.+Bulletin+of+Science%2C+Technology+%26+Society%2C+29%284%29%2C+308-312&btnG=] [https://doi.org/10.1177/0270467608325375] Search in Google Scholar

10. Kockerols, T. and Kok, C. (2019). Leaning against the wind: macroprudential policy and the financial cycle. European Central Bank Working Paper # 2223. Frankfurt: European Central Bank. [https://scholar.google.com/scholar?hl=ru&as_sdt=0%2C5&q=10.%09Kockerols%2C+T.+and+Kok%2C+C.+%282019%29.+Leaning+against+the+wind%3A+macroprudential+policy+and+the+financial+cycle.+European+Central+Bank+Working+Paper+%23+2223.+Frankfurt%3A+European+Central+Bank&btnG=]10.2139/ssrn.3334957 Search in Google Scholar

11. Medina, J. and Roldós, J. (2018). Monetary and macroprudential policies to manage capital flows. International Journal of Central Banking, January issue, 201-258. Available at: [https://www.ijcb.org/journal/ijcb18q0a6.pdf] Search in Google Scholar

12. Nersisyan, Y. and Wray, L.R. (2021). Can Biden Build Back Better? Yes, If He Abandons Fiscal “Pay Fors”. Levy Economics Institute Public Policy Brief No. 155. Annandale-On-Hudson, NY: Bard College. Available at: [https://www.econstor.eu/bitstream/10419/251479/1/ppb-155.pdf] Search in Google Scholar

13. NGFS (Network for Greening the Financial System; 2019). A Call for Action - Climate Change as a Source of Financial Risk. Paris: NGFS. Available at: [https://www.ngfs.net/en/executive-summary-call-action] Search in Google Scholar

14. Petersen, T. (2020). Fünf Thesen zu den zukünftigen Herausforderungen für die Wirtschaftspolitik [Five theses on the future challenges for economic policy]. List Forum, 46(2), 259-268. [https://scholar.google.com/scholar?hl=ru&as_sdt=0,5&q=14.Petersen,+T.+(2020).+Fünf+Thesen+zu+den+zukünftigen+Herausforderungen+für+die+Wirtschaftspolitik+[Five+theses+on+the+future+challenges+for+economic+policy].+List+Forum,+46(2),+259-268&btnG=] [https://doi.org/10.1007/s41025-020-00199-9] Search in Google Scholar

15. Pigou, A.C. (1946). Income. An Introduction to Economics. London: MacMillan. 120 p. [https://scholar.google.com/scholar?hl=ru&as_sdt=0%2C5&q=15.%09Pigou%2C+A.C.+%281946%29.+Income.+An+Introduction+to+Economics.+London%3A+MacMillan&btnG=] Search in Google Scholar

16. Schader, C., Lampkin, N., Muller, A., Stolze, M. (2014). The role of multi-target policy instruments in agri-environmental policy mixes. Journal of Environmental Management, 145, 180-190. [https://scholar.google.com/scholar?hl=ru&as_sdt=0%2C5&q=16.%09Schader%2C+C.%2C+Lampkin%2C+N.%2C+Muller%2C+A.%2C+Stolze%2C+M.+%282014%29.+The+role+of+multi-target+policy+instruments+in+agri-environmental+policy+mixes.+Journal+of+Environmental+Management%2C+145%2C+180-190&btnG=] [https://doi.org/10.1016/j.jenvman.2014.06.016] Search in Google Scholar

17. Scheller, H. and Körner, A.S. (2022). Federal Challenges in the Implementation of the EU’s Recovery and Resilience Facility in Germany. Gestión y Análisis de Políticas Públicas, 29, 23-37. [https://scholar.google.com/scholar?hl=ru&as_sdt=0,5&q=Scheller,+H.+and+Körner,+A.S.+(2022).+Federal+Challenges+in+the+Implementation+of+the+EU’s+Recovery+and+Resilience+Facility+in+Germany.+Gestión+y+Análisis+de+Políticas+Públicas,+29,+23-37&btnG=] [https://doi.org/10.24965/gapp.11056] Search in Google Scholar

18. Sikora, A. (2021). European Green Deal − legal and financial challenges of the climate change. ERA Forum, Journal of the Academy of European Law, 21(4), 681-697. [https://scholar.google.com/scholar?hl=ru&as_sdt=0,5&q=Sikora,+A.+(2021).+European+Green+Deal–legal+and+financial+challenges+of+the+climate+change.+ERA+Forum,+Journal+of+the+Academy+of+European+Law,+21(4),+681-697&btnG=] [https://doi.org/10.1007/s12027-020-00637-3] Search in Google Scholar

19. Stripple, J. and Bulkeley, H., eds. (2013). Governing the climate: new approaches to rationality, power, and politics. New York: Cambridge University Press. 304 p. [https://scholar.google.com/scholar?hl=ru&as_sdt=0%2C5&q=19.%09Stripple%2C+J.+and+Bulkeley%2C+H.%2C+eds.+%282013%29.+Governing+the+climate%3A+new+approaches+to+rationality%2C+power%2C+and+politics.+New+York%3A+Cambridge+University+Press&btnG=]10.1017/CBO9781107110069 Search in Google Scholar

20. Tinbergen, J. (1956). Economic Policy: Principles and Design. Amsterdam: North Holland. 288 p. [https://scholar.google.com/scholar?hl=ru&as_sdt=0%2C5&q=20.%09Tinbergen%2C+J.+%281956%29.+Economic+Policy%3A+Principles+and+Design.+Amsterdam%3A+North+Holland&btnG=] Search in Google Scholar

21. Tinbergen, J. (1957). The appraisal of road construction: two calculation schemes. The Review of Economics and Statistics, 39(3), 241-249. [https://scholar.google.com/scholar?hl=ru&as_sdt=0%2C5&q=21.%09Tinbergen%2C+J.+%281957%29.+The+appraisal+of+road+construction%3A+two+calculation+schemes.+The+Review+of+Economics+and+Statistics%2C+39%283%29%2C+241-249&btnG=] [https://doi.org/10.2307/1926040] Search in Google Scholar

22. Zhou, Y. and Shen, L. (2022). Confirmation bias and the persistence of misinformation on climate change. Communication Research, 49(4), 500-523. [https://scholar.google.com/scholar?hl=ru&as_sdt=0%2C5&q=Zhou%2C+Y.+and+Shen%2C+L.+%282022%29.+Confirmation+bias+and+the+persistence+of+misinformation+on+climate+change.+Communication+Research%2C+49%284%29%2C+500-523&btnG=] [https://doi.org/10.1177/00936502211028049] Search in Google Scholar