S1E9. "The paper is based on a prescriptive rather that descriptive view of political economy"
One equation, two approaches
MERGE: A model for evaluating regional and global effects of GHG reduction policies
sciencedirect.comMERGE provides a framework for thinking about climate change management proposals. The model is designed to be sufficiently flexible to be used to exp…
S1E9. “The paper is based on a prescriptive rather that descriptive view of political economy” : one equation, two approaches
This post is reposted from substack. It is part of a series on the history of how economists model the future with the Ramsey formula, based on joint work with Pedro Garcia Duarte. See episode 1 , …