William D. Nordhaus: Integrating climate change into long-term macroeconomic analysis (notice n° 545771)
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control field | 20250121113824.0 |
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Language code of text/sound track or separate title | fre |
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Authentication code | dc |
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Personal name | Schubert, Katheline |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | William D. Nordhaus: Integrating climate change into long-term macroeconomic analysis |
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Date of publication, distribution, etc. | 2020.<br/> |
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General note | 25 |
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Summary, etc. | This article follows the tradition of the Revue d’Économie Politique of presenting the new “Nobel Prize in Economics” contributions each year. It is dedicated to William Nordhaus, rewarded for having integrated climate change into long-term macroeconomic analysis. I first present the DICE model, explaining in detail the equations of the climate and economic sub-models as well as the calibration procedure. I then show how DICE is used to calculate the social cost of carbon. Lastly, I present some of the very numerous extensions of the model at present, in order to highlight the power of the analytic framework, as well as its limits and the ways forward. JEL codes: 04, 044, Q5, Q54 |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | Nobel price |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | climateeconomics |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | integrated assessment models |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | DICE |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | William Nordhaus |
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Note | Revue d'économie politique | 129 | 6 | 2020-02-04 | p. 887-908 | 0373-2630 |
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Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-d-economie-politique-2019-6-page-887?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-d-economie-politique-2019-6-page-887?lang=en&redirect-ssocas=7080</a> |
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