Munich Personal RePEc Archive

A Baseline DSGE model of Climate Change for Climate Policy Analysis

Xu, Wenli (2020): A Baseline DSGE model of Climate Change for Climate Policy Analysis.

[img]
Preview
PDF
MPRA_paper_109234.pdf

Download (472kB) | Preview

Abstract

This note documents a DSGE model of Climate Change. I extend the NK model with geophisical variables, such as greenhouse gas emissions, the carbon cycle, radiative forcing, and climate change. In this model, I specify five different climate policy regimes: no policy, cap, intensive, tax, and mandate.

Logo of the University Library LMU Munich
MPRA is a RePEc service hosted by
the University Library LMU Munich in Germany.