Are economists getting climate dynamics right and does it matter?

We show that several of the most important economic models of climate change produce climate dynamics inconsistent with the current crop of models in climate science. First, most economic models exhibit far too long a delay between an impulse of CO2 emissions and warm¬ing. Second, few econo...

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Bibliographic Details
Main Authors: Van der Ploeg, R, Dietz, S, Rezai, A, Venmans, F
Format: Working paper
Published: University of Oxford 2020