DSICE: Dynamic Stochastic Integration of Climate and Economy

Leave a Comment / Computational Economics, Decisionmaking Under Uncertainty, Economics and Climate Change, National Science Foundation, RDCEP, The state of economics / By

I started working on climate change policy modeling in 2008, and it has been a major focus of my efforts since then. In 2010, Yongyang Cai, Thomas Lontzek and I created the DSICE model, extending Nordhaus’ DICE to include productivity shocks as well as stochastic elements of the climate system. While we had earlier published …

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Here we go again

1 Comment / COVID-19 / By

Last Friday, Karl Schmedders (IMD University and University of Zurich) and I placed an op-ed in The Hill: https://thehill.com/opinion/international/509991-the-real-view-from-europe-on-coronavirus-relief-in-america. We made the point that the US Government has again failed to fix obvious problems with the unemployment insurance systems, forcing another costly and inefficient stimulus package. We also pointed to the absence of an endgame …

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