innovation of low-carbon technologies is lower in the EU than in selected peers, and very heterogeneous across member states. We … stimulating green innovation while the role of central banks is limited. …

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …

Fulfilling the commitments embedded in the Paris Agreement requires a climate-technologyrevolution. Patented innovation …