06.01.2017

06.01.2017

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Presentation: An Economic Anatomy of Climate Management Technologies and Policies

06. January 2017, Chicago/USA

"We first develop a parsimonious optimal control model of climate change economics that captures the main trade-offs associated with the four instruments. We focus on three main characteristics: timing, cost, and uncertainty. We then calibrate a numerical integrated assessment model to show how alternative uses of all four instruments yield wildly different outcomes."

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