Daily Archives: 13 June 2024

Macroeconomic policy evaluation in an SFC econometric model: the case of the investment program for climate action in France

Jacques MazierMacro-economical and societal challengesPublicationsPublicationsResearch areaResearch FellowsComments Off on Macroeconomic policy evaluation in an SFC econometric model: the case of the investment program for climate action in France

We study the macroeconomic impact of climate action policy that would allow France to reach its net zero objective by 2050. Contrary to the findings of a report commissioned by the French Prime Minister, our simulations show that these investments are likely to generate economic growth and reduce public debt.