Incorporating Climate Change and Climate Policy into Macroeconomic Modeling
National Academies of Sciences, Engineering, and Medicine, Division on Earth and Life Studies, Policy and Global Affairs, Board on Atmospheric Sciences and Climate, Division of Behavioral and Social Sciences and Education, Board on Science, Technology, and Economic Policy, Board on Environmental Change and Society, Roundtable on Macroeconomics and Climate-Related Risks and OpportunitiesMacroeconomic models, essential for decision making and federal budget planning, may not appropriately consider the wide breadth of climate-related impacts that potentially have large macroeconomic significance. Challenges integrating climate factors into macroeconomic analyses can stem from the complexity of macroeconomics, climate science, policy instruments, and their interactions. Although eco...
Macroeconomic models, essential for decision making and federal budget planning, may not appropriately consider the wide breadth of climate-related impacts that potentially have large macroeconomic significance. Challenges integrating climate factors into macroeconomic analyses can stem from the complexity of macroeconomics, climate science, policy instruments, and their interactions. Although eco...
