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Christensen, Peter, Kenneth Gillingham, and William D Nordhaus. 2018. “ Uncertainty in forecasts of long-run economic growth ”. Proceedings of the National Academy of Sciences 115 (21): 5409-14.
DICE 2013. The prior version of the DICE model was DICE-2013R. This is no longer supported, but it is available as below. This can be run both as a GAMS program. The Excel version has not been corrected to the 2013R version. There are two GAMS versions of the 2013R model (for archival purposes, this is DICE2013Rv2_102213_vanilla_v24b.gms).
1997. The impact of global warming on agriculture: a Ricardian analysis. R Mendelsohn, WD Nordhaus, D Shaw. The American economic review, 753-771. , 1994. 2959. 1994. Managing the global commons: the economics of climate change. WD Nordhaus.
Apr 2015. William D. Nordhaus. Notwithstanding great progress in scientific and economic understanding of climate change, it has proven difficult to forge international agreements because of free ...
For targets of 2°C and below with short averaging periods, the SCC is in the $158–$279 per ton range for 2020. Studies indicate that the SCC is highly uncertain. The MUP study (Gil-lingham et al. 2018) and Nordhaus 2018 indicate that the one-sigma uncertainty for the SCC is roughly as large as the median value.
William D. Nordhaus was co-winner, along with Paul M. Romer, of the 2018 Nobel Prize in Economic Science “for integrating climate change into long-run macroeconomic analysis.” Starting in the 1970s, Nordhaus constructed increasingly comprehensive models of the interaction between the economy and additions of carbon dioxide to the atmosphere, along with its effects on global warming.
When it comes to climate change, 2018 Economic Sciences Laureate William D. Nordhaus believes that policies are “miles –miles –miles” behind the science and what needs to be done. Telephone interview with William D. Nordhaus following the announcement of the 2018 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
