Fed Lit:

Fed Lit is a monthly newsletter housed at the Roosevelt Institute, authored by Sarah Bloom Raskin and Kristina Karlsson, that highlights critical research focused on climate risk and the stakes for central bankers tasked with macroprudential oversight and price stability.

We’re bringing the latest issue of Fed Lit to your inbox here on Substack.

Authors:

Sarah Bloom Raskin is currently a Roosevelt Institute Senior Fellow, former Deputy Secretary of the Treasury, former member of the Federal Reserve Board of Governors, Colin W. Brown Distinguished Professor of the Practice at Duke Law School, and a partner at Kaya, a climate advisory firm based in London and Copenhagen.

Kristina Karlsson is the deputy director of climate policy at the Roosevelt Institute.

Why subscribe?

Each month, we’ll profile a single academic paper that broadens or deepens the literature on the impact of climate on the macroeconomy. We’ll summarize its key findings and assess the extent to which the research can serve to inform policy action that is clear-eyed about the omnipresence and dynamic nature of the climate crisis and disciplined in winding down the fossil reliance that drives it.

Our aim is to grow an intellectual community that bridges the worlds of central banking and climate science, that invites new voices into the center of discussion, and inspires appropriate action. We encourage readers to engage with the material in the comments, suggest papers for us to read, and we will do our best to be responsive. In some cases, we’ll invite authors into conversation to get our questions answered.