Series: IMF Working Papers
Author(s): Manoj Atolia , Prakash Loungani , Helmut Maurer , and Willi Semmler
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 December 2018
Keywords: Fiscal policy, Climate Change, Optimal Control, Environmental Economics, Environmental Economics: Government Policy
The Integrated Assessment Model (IAM) has extensively treated the adverse effects of climate change and the appropriate mitigation policy. We extend such a model to include optimal policies for mitigation, adaptati...